Sagitta Integration for Insurance Premium Accounting
Many MGAs and wholesalers continue to use Sagitta to manage policies, accounts, and daily operations. Sagitta is deeply embedded in many organizations. What it is not designed to handle well is modern insurance premium accounting. Premium Accounting integrates with Sagitta to allow organizations to keep their management system while running insurance-specific premium accounting without spreadsheets, manual reconciliation, or risky system replacements.
Why Premium Accounting Becomes Manual in Sagitta Environments
Sagitta is a legacy management system built around core agency workflows.
It performs well for:
- Account and policy management
- Day-to-day servicing
- Operational recordkeeping
Premium accounting introduces complexity that is difficult to manage inside Sagitta:
- Agency bill and direct bill accounting in parallel
- Partial and out-of-order payments
- Installments, premium finance, and return premium
- Allocation of commissions, fees, and taxes
- Month-end reconciliation and audit traceability
As a result, accounting teams often rely on exports and spreadsheets to make the numbers work.
How Premium Accounting Works With Sagitta
Premium Accounting integrates with Sagitta as an external premium accounting engine..
The integration model works as follows:
- Policy and transaction data is ingested from Sagitta
- Insurance-specific premium accounting logic is applied in Premium Accounting
- Invoices, payments, allocations, and balances are tracked in a dedicated premium subledger
- Clean, structured results are synchronized to your accounting ledger
Sagitta continues to support operations. Premium Accounting manages premium accounting. To understand why this approach works, see how organizations replace insurance accounting without changing their management system.
What Gets Tracked Outside of Sagitta
Premium Accounting tracks the financial detail that accounting teams need but operational systems do not provide.
This includes:
- Invoice-level premium detail
- Payment application and allocation outcomes
- Receivables and payables by carrier and producer
- Installments, premium finance, and adjustments
- Netting and settlement activity
- Full transaction history with audit trail
This separation allows Sagitta to remain focused on operations while accounting data becomes accurate, auditable, and explainable.
Designed for Accounting Teams in Sagitta Environments
Accounting teams supporting Sagitta environments often face:
- Spreadsheet-based reconciliation
- Manual month-end close
- Difficulty explaining balances to carriers and auditors
Premium Accounting addresses these challenges by:
- Replacing spreadsheet logic with rules-based allocation
- Providing transaction-level traceability
- Supporting close, audit, and carrier reporting
- Reducing operational risk
This gives accounting teams confidence without disrupting operational users of Sagitta.
Works With Your Existing Accounting Ledger
Premium Accounting integrates with the accounting ledger you already use.
Supported accounting ledgers include:
- QuickBooks Online
- NetSuite
- Xero
- Workday
Premium Accounting synchronizes insurance-ready results to the ledger, allowing Sagitta users to maintain clean financial reporting without forcing Sagitta to act as an accounting system. For a broader view, see how Premium Accounting integrates with insurance management systems and accounting ledgers.
Who This Integration Is For
The Sagitta integration is ideal for organizations that:
- Use Sagitta as their management system
- Manage complex MGA or wholesale premium flows
- Rely on spreadsheets for reconciliation
- Want modern accounting without replacing Sagitta
It is most commonly adopted by MGAs and wholesalers evaluating insurance premium accounting software to modernize finance operations.
To see all supported platforms and ledgers, review our Premium Accounting integrations.
FAQs
Modern Premium Accounting for P&C MGAs and Wholesalers
Accurate allocations, full traceability, and audit-ready reporting - without agency accounting workarounds.
How This Service Connects to the Core Platform
This service operates within the connected Selectsys insurance infrastructure. Operational execution is fully aligned with the technology backbone.
- RQB: Rating and bind infrastructure for commercial and specialty lines.
- Expert Insured: Policy lifecycle system managing issuance, endorsements, and renewals.
- Premium Accounting: Insurance native accounting for agency bill, direct bill, trust, and reconciliation.
- CoverPay : Premium collection by Card and ACH for MGAs, wholesalers and carriers, with payment tracking and reconciliation support.
- Insurance BPO: Embedded teams executing submissions, underwriting support, servicing, and compliance.
Operational services are most effective when integrated directly with the core platform capabilities.
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