Webinar recap: Beyond Excel – Automating Financial Operations for Alternative Risk Companies

Recently, DICEUS hosted an online webinar “Beyond Excel: Automating Financial Operations for Alternative Risk Companies.”

DICEUS Head of Insurtech Solutions, Kateryna Monastyrska, was joined by Illia Pinchuk, CEO and Founder of DICEUS, and our guest speaker, Mikhail Raybshteyn, Managing Director at Alvarez & Marsal, to talk about why captive managers, risk retention groups, program administrators, and fronting carriers still run critical financial workflows on Excel, Word, and institutional memory, and what actually changes that.

Missed the session or want to revisit the discussion?

Watch the full webinar recording here:

The discussion focused on three key topics: where the pain in day-to-day financial operations actually shows up – version control chaos, broken audit trails, key-person dependency – what typically triggers an organization to finally move off spreadsheets, and what a scalable financial operation looks like once they get there.

A working example of taking financial operations beyond spreadsheets is realized in the DICEUS Alternative Risk Platform’s financial operations module. It replaces the manual layer: rekeyed journal entries, hand-assembled board packs, disconnected investment statements – with one connected data flow:

• Ledger automation – premium and policy data post directly into a purpose-built ledger through configurable accounting rules, with an allocation engine splitting premiums, expenses, and losses across entities or cells and a full audit trail on every entry.
• Reporting – financial statements, board packs, and participant statements generate from that same ledger through a custom report builder, instead of being reassembled by hand each cycle.
• Investment data – portfolio evaluation, accrual management, and multi-captive allocation feed through the same pipeline, so investment income lands in the books on day one of close instead of ten days later.

The goal isn’t a smaller team. It’s giving the same team the ability to take on more clients, cells, or programs without adding headcount every time the business grows. If you want to see our platform in action, feel free to contact us.