Contact Numbers:

To report a claim:
(800) 880-0474 / (817) 732-2111

Personal Lines Fax:
(800) 880-2881 / (817) 732-1011

Due to our unique staffing situation, Wellington Financial Services maintains licensing as a Lloyd’s of London Broker and Reinsurance Manager / Intermediary. Wellington currently provides reinsurance administration and accounting services for more than 500 reinsurance treaties including quota share, excess of loss, facultative, and burning cost type reinsurance agreements. Our clients include companies involved at all levels of the vertical economic chain including issuing carriers, fronting companies, managing general agents, brokers, intermediaries, reinsurers, retrocessionaires, and reinsurance pools. Wellington’s experienced reinsurance accounting expertise can provide, or restore, the missing link at any level of the reinsurance administration chain. Typical reinsurance accounting services include:

  • Premium accounting, reconciliations, collections and reporting of written, earned and unearned premiums by annual statement line, coverage and state;
  • Claims accounting, claim check issuance control and reconciliation, reporting of paid losses and loss adjustment expense, outstanding reserves, IBNR and claim counts by annual statement line, coverage, state and accident year;
  • Complete Annual Statement preparation and regulatory reporting, including schedules F & P;
  • Complete reconciliation of, and reporting for, fiduciary fund accounts.

Wellington Financial Services routinely maintains, in a fiduciary capacity, $50 to $100 Million in segregated premium trust accounts and claim funds for its clients providing daily investment of available funds, monthly reconciliations, and reports.