Expert Insurance Agency Accounting Services for U.S. Businesses from India

VJM Global provides specialized insurance agency accounting services for U.S. businesses, delivered from India. We support agencies with commission tracking, carrier reconciliations, and accurate financial reporting while following U.S. accounting practices and internal control requirements.

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How Our Insurance Agency Accounting Helps U.S. Companies from India

Accurate Commission Accounting

We record commissions, overrides, contingent income, and bonuses with precision so revenue reflects actual earnings.

Carrier Statement Reconciliations

Monthly carrier statements are matched with internal records to identify variances and prevent revenue leakage.

Policy-Level Revenue Tracking

Premiums, cancellations, endorsements, and refunds are tracked at the policy level for precise reporting.

Structured Accounts Payable and Receivable

Carrier payables and client receivables are monitored to maintain settlement timelines and improve cash visibility.

Alignment with U.S. Accounting Practices

Our workflows align with established U.S. accounting frameworks to support consistent reporting and smoother audits.

Reduced Internal Accounting Burden

Insurance agencies can shift routine accounting work offshore and focus internal teams on growth and client servicing.

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.

From Policy Data to Financial Reports: How Our Insurance Agency Accounting Service Works

1

Policy-Level Revenue Structuring

New policies, renewals, and endorsements are recorded at the individual policy level.

2

Commission Schedule Mapping

Commission percentages and incentive tiers are structured according to carrier agreements.

3

Carrier and Bank Reconciliations

Carrier statements and bank accounts are reconciled to confirm balances and identify discrepancies.

4

Chargeback and Adjustment Tracking

Cancellations and commission reversals are reflected promptly to maintain revenue clarity.

5

Producer-Level Performance Allocation

Commission income is segmented by producer to reflect performance contribution.

6

Agency Revenue Visibility Reporting

Reports focus on commission trends, carrier balances, and outstanding receivables.

Why U.S. Agencies Choose VJM Global

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Specialized Knowledge of Insurance Accounting

VJM Global understands commission-based revenuProcess-Driven and Audit-Ready Workflowse models, carrier settlements, and policy-driven accounting used by U.S. insurance agencies.

Process-Driven and Audit-Ready Workflows

Reliable Offshore Delivery From India

Reliable Offshore Delivery From India

Our India-based teams deliver consistent insurance agency accounting support to U.S. companies without compromising data integrity or reporting accuracy.

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 do you manage commission reconciliation with multiple carriers?

Can outsourced accounting support agencies with both personal and commercial lines?

How are chargebacks, cancellations, and policy endorsements handled?

Will outsourced accounting interfere with our existing agency management system?

Bring Financial Clarity to Your Insurance Operations

Insurance agencies depend on precise commission tracking and carrier reconciliations to protect revenue. VJM Global delivers India-based accounting support that keeps policy-level income, adjustments, and settlements aligned with your agency’s financial reporting.

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