Top 10 Best Insurance Accounting Software of 2026

Guidewire BillingCenter is a leading cloud-native billing and receivables management platform tailored for property and casualty (P&C) insurers, automating complex premium billing, invoicing, payments, and collections processes. It provides real-time financial visibility, supports diverse payment channels, and ensures regulatory compliance through robust accounting integrations. Seamlessly integrated with Guidewire PolicyCenter and ClaimCenter, it streamlines end-to-end insurance accounting workflows for accurate revenue recognition and cash flow management.

Duck Creek Billing is a comprehensive, cloud-native insurance billing and accounts receivable management solution tailored for property & casualty (P&C) insurers. It automates the full billing lifecycle, including premium invoicing, payments, collections, refunds, and AR management, with deep integration into Duck Creek's policy administration and claims systems. Designed for scalability, it supports complex rating algorithms, regulatory compliance, and real-time financial visibility to optimize cash flow and reduce operational costs.

Sapiens CoreSuite is a comprehensive, end-to-end insurance platform with robust accounting and financial management modules designed specifically for property & casualty, life, and reinsurance insurers. It handles general ledger, financial reporting, statutory accounting, reinsurance accounting, and compliance with standards like IFRS 17 and Solvency II. The suite integrates policy administration, billing, and claims data into a unified ledger for accurate, real-time financial insights.

Majesco P&C Platform is a cloud-native, SaaS-based core system for property and casualty insurers, providing end-to-end functionality including policy administration, billing, claims management, and integrated financial accounting. Its accounting module supports general ledger management, statutory and GAAP reporting, reinsurance accounting, premium recognition, and claims reserving with real-time insights. Designed for digital transformation, it enables low-code configuration and seamless API integrations for modern insurance operations.

EIS Suite is a comprehensive, cloud-native insurance platform from EIS Group that provides end-to-end policy administration, claims management, billing, reinsurance, and integrated accounting solutions tailored for insurers. Its financial module handles general ledger, statutory reporting, reconciliations, and premium/deductible accounting with seamless integration to core operations. Designed for scalability, it enables low-code configuration to adapt to complex insurance products and regulations without extensive custom development.

OneShield Platform is a comprehensive, low-code insurance software suite that includes specialized accounting modules for managing premiums, claims disbursements, general ledger, and financial reporting in the insurance industry. It supports statutory accounting, GAAP compliance, reinsurance accounting, and integrates seamlessly with policy administration and billing systems. Designed for P&C insurers, it provides robust tools for financial consolidation, regulatory reporting, and analytics to streamline insurance-specific accounting processes.

Applied Epic is a comprehensive cloud-based agency management system from Applied Systems, offering robust accounting modules specifically designed for insurance agencies. It handles premium accounting, commission calculations, accounts receivable/payable management, general ledger, and financial reporting with deep integration to policy administration and client servicing. The platform automates workflows to ensure accurate financial tracking tied directly to insurance operations, supporting scalability for growing agencies.

AMS 360 by Vertafore is a comprehensive agency management system tailored for insurance agencies, featuring robust accounting modules for premium tracking, invoicing, accounts receivable/payable, and general ledger management. It integrates policy administration, client data, and financial reporting to streamline insurance-specific workflows. While powerful for mid-sized agencies, it emphasizes scalability and compliance with industry regulations.

HawkSoft is a robust agency management system tailored for independent insurance agencies, featuring comprehensive accounting tools like general ledger management, accounts payable/receivable, commission tracking, and automated billing. It excels in integrating financial data with policy administration, carrier downloads, and reporting for accurate insurance-specific financial oversight. The software supports multi-location agencies with centralized accounting while offering customizable workflows to streamline operations.

AgencyBloc is a cloud-based agency management platform tailored for insurance brokers, especially those in Medicare and life insurance, combining CRM, quoting, enrollment, and compliance tools with integrated accounting features. It handles commission tracking, premium billing, accounts receivable/payable, and financial reporting to streamline agency finances. While not a dedicated accounting software, it embeds insurance-specific financial workflows into a unified system for operational efficiency.