Optimize Insurance Accounting with Trusted Outsourcing Support for U.S. Companies Expanding into India

VJM Global specializes in outsourcing insurance accounting services for U.S. businesses expanding into India. Our tailored solutions ensure compliance with Indian tax laws such as GST and help streamline complex accounting tasks like premium reconciliation, claims processing, and regulatory reporting. 

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Core Features That Elevate Your Outsourced Insurance Accounting in the U.S.-India Market

Comprehensive Insurance Accounting

We manage all aspects of insurance accounting, from premium tracking and claims processing to reinsurance accounting, ensuring your records comply with U.S. GAAP and Indian tax regulations.

GST Compliance for Insurance Transactions

Our services include GST tracking and filing for all insurance-related transactions in India, ensuring full compliance with Indian tax laws while minimizing penalties for U.S. businesses.

Real-Time Financial Reporting

Gain real-time access to balance sheets, income statements, and cash flow reports, enabling U.S. businesses to make data-driven decisions while expanding their insurance operations in India.

Cloud-Based Accounting for Cross-Border Operations

Our cloud-based solutions allow for real-time access to your insurance financial data, enabling seamless operation across the U.S. and Indian markets.

Customizable Solutions for the Insurance Sector

We tailor our insurance accounting services to meet your unique business needs, whether it’s managing underwriting expenses, claims reserves, or investments, all while ensuring compliance with U.S. and Indian regulations.

Easy Integration with Software for Insurance Management

Our insurance accounting services integrate easily with your existing insurance management software, consolidating financials and streamlining your accounting workflows across borders for greater efficiency.

Our Associations

The EAI International is a globally recognized group of qualified and independent accounting and tax firms, serving clients internationally. Most importantly, an EAI member can be entrusted with transparency, ethics and professionalism in the delivery of work.

Why U.S. Insurance Businesses in India Prefer VJM Global’s Accounting Support

1

Expert Compliance with U.S. and Indian Insurance Regulations

Our team ensures your insurance accounting aligns with both U.S. GAAP and Indian tax regulations, providing comprehensive strategies to manage your cross-border financial risks.

2

Scalable Accounting Solutions for Insurance Firms

VJM Global provides flexible, scalable insurance accounting solutions, ensuring that as your U.S. insurance business grows in India, your accounting processes remain efficient and compliant.

3

Security and Data Protection

We offer bank-level encryption and secure cloud storage to safeguard your sensitive insurance financial data, ensuring compliance with both U.S. and Indian data protection laws.

4

Timely and Accurate Reporting

Access real-time financial reports for your insurance operations, including claims reserves, premium collections, and investment portfolios, ensuring transparency and better decision-making for U.S. firms in India.

5

Dedicated Account Manager

Work with a dedicated account manager who understands the complexities of insurance accounting in both the U.S. and India, offering proactive support and expert guidance for your business’s needs.

6

Comprehensive Cross-Border Tax Strategy

Our experts provide a complete tax strategy to optimize your insurance business’s tax filings in both the U.S. and India, ensuring tax efficiency and minimizing cross-border financial risks.

Process for Outsourcing Insurance Accounting Between the U.S.-India Region

VJM Global offers a seamless 3-step process to simplify your insurance accounting services while ensuring compliance with both U.S. GAAP and Indian GST regulations.

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Share Your Insurance Accounting Needs

Let us understand your business’s specific insurance accounting requirements, including premium reconciliation, claims processing, and regulatory filings in both the U.S. and India. 

Secure Data Migration and Integration

Real-Time Accounting and Reporting

Real-Time Accounting and Reporting

Once onboarded, your dedicated account manager will manage all transactions, reconcile multi-currency payments (USD-INR), and deliver real-time financial reports, providing full visibility into your operations across both U.S. and Indian markets.

Testimonials

What our clients say about us

Highly recommended …
 “We have been clients of VJM associates for a few years now and have built up a great relationship with them. They are very professional but approachable and always willing to listen and provide valuable advice when needed. Their knowledge of financial and accounting matters is exceptional, and I really appreciate their responsiveness to any questions or queries we have.
A large part of any working relationship comes down to personalities and we've always found the VJM team friendly and trust them to do the best for our business”

Mr. Anuj Jain
CEO, Berkman Forwarding

By taking care of our Internal control policies and procedures, VJM Team have made sure that experience is hassle free.

Mr. sachin Jain
CFO, mahle filter system (i) pvt limited

Very professional approach from VJM Team, they got associated with us late in the financial year but were able to conduct an in depth audit and highlight the areas to be addressed within a short span of time. What gives us confidence is that they are available for consultation on any financial matter and are quick to find and implement the resolution

Mr. Shobit Bhatnagar
Gradeup.co

VJM team is a thoroughly professional chartered accountants equipped with all resources and with deep understanding of GST and other contemporary arenas of corporate consultancy. Have interacted with them for various tax and corporate law related matters and found the interaction quite useful.

Mr. Pawan Ladha
Freecharge

We are Repaibays Experts LLP. We are a new company and have just started our business in the field of AC charger installation. We have retained M/S VJM & Associates LLP; Chartered Accountants as CA for our company. They have a fairly large sized office and team and the whole environment seems professional and well organised: something which is very critical in this kind of business We wish VJM very well and am sure they are already a name to reckon with in the field of providing professional CA services !

Mr. Rajesh Singh
CEO, Repair bays

The dedication and commitment of VJM Team is par excellence.  The team has handled the entire GST refund claim filing process very professionally within their immense experience and expertise.  Coupled with complete attention to detail at every stage and rigorous follow ups, VJM Team has supporrted us through the GST export refund and all GST Compliances.

Mr. Sumit Rajani
CEO, Umenders Exports

I hired VJM Associates and now I can completely focus on my business because I know there’s someone who is managing my accounts properly. Their team (including Khushboo and Jayant) are super supportive and friendly. I highly recommend VJM Associates. Give them a try! You won’t be disappointed

Mr. Vikrant Shaurya
CEO, bestsellingbook.com

We give full credit to VJM for streamlining our company’s GST compliance. Their dedicated team of learned professionals have a focussed approach & exceptional clarity when it comes to any questions pertaining to GST. I can say, without their support, it would not have been possible for us to sail past the initial turbulent period when GST was launched. Our best wishes always with them !

Mr. Siddharth Gupta
CEO, Craft Home-Export House

Frequently Asked Questions

How does VJM Global assist with GST compliance for U.S. insurance businesses in India?

Can VJM Global handle insurance claims and premium reconciliation in India?

What tools does VJM Global use for insurance accounting in India?

Can VJM Global help U.S. insurance businesses with cross-border tax regulations in India?

Take Control of Your Insurance Accounting Across India Today

With secure insurance accounting services tailored for U.S. businesses in India, VJM Global ensures your financial records are accurate, organized, and fully compliant with both U.S. and Indian tax laws.

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