The most advanced Premium Accounting system ever made, where accuracy meets efficiency

 AGO’s All Lines Accounting System on the web (ASWeb) is a comprehensive accounting component in the integrated suite of AGO’s core processing system. ASWeb is designed to make insurance accounting easier and more efficient. A streamlined single-entry system, ASWeb administers all aspects of premium billing, receivable tracking, commissions earned, payables due and reporting in an easy and efficient manner. It can be integrated with your current in-house or third-party system, or installed as part of a completely seamless AGO insurance solution. 

Features

  • Premium Billing
    • Invoice Entry
    • Invoice Edit List
    • Installment Billing Entry
    • Invoice Production – account based, per LOB or by policy
    • Cancellation Processing by days overdue or end of policy equity
    • Automatic Overdue Notices
    • Direct and Agent-bill processing
  • Premiums Receivable
    • Cash Posting
    • EFT/ACH Available
    • Account Crediting
    • Premium Waiver
    • Unapplied Cash Processing
    • Unapplied Cash or credits convertible to payables
    • Support NET of Commission Payments for Agency Bill
    • NSF Processing (apply NSF fee)
  • Payable Processing
    • Payment Entry
    • Return Premiums
    • Check Production
    • Check Void
    • Commission Due (for multiple entities)
    • Payables Pending Report
    • Remarks/Notepad Screen
    • Gross and Net-of-Commission payment handling

Why insurers choose ASWeb

  • Real-time performance insights for Receivables and Payables
  • Support multiple companies and lines of business (personal, commercial, specialty)
  • Browser based Cloud or client hosted solution
  • Support for ACH, lock box, and credit card transactions 
  • General Ledger integration available

Additional Information