Addressing the Unique Regulatory and Investment Reporting Needs of the Insurance Industry
 

Madison Scottsdale’s Insurance Analytics solution delivers daily, web based, consolidated, investment portfolio reporting technology and service specifically designed to address the unique regulatory and reporting needs of the insurance industry.

 

 

• Single consolidated view of all investment assets
• Drill-down functionality to tax lot level
• Custom date ranges, portfolio views, entitlements, and benchmarks
• Intuitive interface
• SOC1 Type II audit report (for the Analytics program itself)

Regardless of the number of legal entities, portfolios, investment managers or custody banks, Madison Scottsdale aggregates, independently verifies and confirms investment information daily; and delivers transparent, integrated and actionable accounting, compliance, risk and performance reporting and analytics.

 

Madison Scottsdale’s Insurance Analytics solution is built on tax lot level information and provides views at the portfolio and aggregate levels with drill-down functionality.  Madison Scottsdale answers many of the challenges facing insurance investors by automating manual processes, aggregating multiple data sources, minimizing Sarbanes-Oxley control issues, implementing consistent accounting assumptions, tracking and measuring risk.

 

 

 

Statutory Reports

Madison Scottsdale Insurance Analytics provides full statutory based reporting for Life, Health, and Property Casualty insurance companies.  As an authorized Third Party Administrator from the NAIC, Madison Scottsdale links directly to the Security Valuation Office to get the most up-to-date pricing and designations for each investment portfolio each period.  The following reports are provided on an automated basis and require no manual work by our clients.

 

Quarterly Reports                               Annual Reports

 

Schedule D Verification	Exhibit of Net Investment Income
Schedule D – Part 1B	Exhibit of Capital Gains and Losses
Schedule DA – Part 1 and 2	Summary of Investment Schedule
Schedule D – Parts 1-5	Schedule D – Verification between Years
Schedule E – Part 2	Schedule D – Summary by Country
	Schedule D – Part 1A – Section 1 and 2
	Schedule D – Part 2 Verification between Years
	Schedule DA – Part 1
	Schedule E – Part 2

 

Madison Scottsdale Insurance Analytics provides these reports each quarter as a text file in the NAIC uniform format making it simple to import data into any NAIC approved annual report software package:

 

GAAP Reports