Financial Modelling Tool for Insurance Firms
Running an insurance business means managing complex financial inflows, claim liabilities, and premium cycles – all while staying ahead of market risks. Brixx equips insurance firms with the forecasting tools needed to stay in control, adapt quickly, and make well-informed financial decisions year-round.
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Who can use this Brixx template?
Underwriting and claims departments
Finance teams in insurance firms
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What are the key benefits for insurance companies?
Insurance Template
A tailored structure designed to reflect the unique cash flow patterns of insurance operations
Expense Modelling
Model premium income, claims expenditure, operational costs, and reinsurance arrangements
Visualise Trends
Visualise financial trends and gain clarity on policy profitability and growth potential
Test New Ideas
Easily scenario test the effects of new insurance products, pricing strategies, or regulatory changes
Scenario Planning
Understand the financial implications of changing claim rates, market trends, or customer retention strategies
Start building better financial plans with Brixx today
Whether you're growing an independent insurance agency or managing a larger operation, Brixx provides the clarity and flexibility your business needs. Gain a deep understanding of your financial position, plan for multiple scenarios, and stay ahead of industry challenges.
From forecasting future claims liabilities to projecting premium revenue and regulatory compliance costs, Brixx empowers insurance firms to make confident, data-led decisions. With two decades of expertise in business modelling, Brixx offers a smart, intuitive platform that helps you prepare for whatever comes next.
Start for freeModel your insurance firm in Brixx – see how quickly your finances can make sense!
Project Setup
- Project name : General Insurance Firm
- Time period : Monthly (to track premium income, claims, and reserves)
Setup 
Income Components
Component: Premium Income
Sub-components:
- Home Insurance Premiums (£75,000/month from 2,500 policies @ £30 each)
- Auto Insurance Premiums (£100,000/month from 2,000 policies @ £50 each)
- Liability Insurance Premiums (£25,000/month from 500 policies @ £50 each)
Component: Investment Income
Sub-components:
- Interest from Bond Investments (£8,000/month)
- Dividend Income from Equity Portfolio (£3,000/month)
- Capital Gains on Asset Sales (Modelled annually, £20,000/year estimated)
Component: Fee Income
Sub-components:
- Policy Administration Fees (£5,000/month)
- Broker Commission Rebates (£2,000/month)
Income 
Expenditure Components
Component: Claims Paid
Sub-components:
- Home Insurance Claims (£35,000/month average)
- Auto Insurance Claims (£60,000/month average)
- Liability Claims (£10,000/month average)
- Large Claims Reserve (One-off events – £100,000 allocated annually)
Component: Operational Costs
Sub-components:
- Underwriting & Claims Staff Salaries (£50,000/month)
- Customer Service & Admin Staff (£30,000/month)
- IT & Systems (£10,000/month for software, servers, data)
- Office Rent & Utilities (£5,000/month)
- Reinsurance Premiums (£20,000/month to reduce claim risk)
Component: Administrative Costs
Sub-components:
- Regulatory & Compliance (£2,000/month)
- Marketing & Advertising (£8,000/month)
- Professional Services (Audit, Legal, Actuarial – £3,000/month)
- Training & Recruitment (£1,500/month)
Expenditure 
Asset Components
Component: Fixed Assets
Sub-components:
- Office Equipment & Furniture (£50,000, depreciated over 5 years)
- Internal Systems Development (£100,000 CapEx, depreciated over 3 years)
Component: Current Assets
Sub-components:
- Cash Reserves (Starts at £500,000, fluctuates monthly)
- Accounts Receivable (Outstanding premiums, £60,000 rolling balance)
- Prepaid Reinsurance (£40,000 annually, amortised monthly)
Component: Investments
Sub-components:
- Bond Portfolio (£1,000,000 @ 4% return)
- Equity Investments (£500,000 with 6% annual return and capital gain assumptions)
Assets 
Funding Components
Component: Shareholder Capital
Sub-components:
- Initial Capital Injection (£1,000,000 from shareholders)
Component: Retained Earnings
Sub-components:
- Reinvested profits from previous years (automatically built in)
Component: Loan Facility (Optional)
Sub-components:
- Business Line of Credit (£250,000 max, 5% interest, only used in cash shortfall scenarios)
Funding 
Scenario Planning in Brixx
Claims Volatility
- Model scenarios with 10%, 20%, or 30% spike in claims to simulate catastrophe events.
Investment Market Shock
- Drop bond returns by 50% and equity returns to 0% to test financial impact.
Premium Rate Changes
- Increase/decrease premium pricing by 5% to see effect on income and churn.
Regulatory Fees Increase
- Simulate a potential 10% rise in compliance and licensing fees.
New Product Launch
- Add a new product line (e.g., Pet Insurance) with setup costs and ramp-up premiums.
Scenarios 
Dashboard & Reporting
Cash Flow Report
- Tracks premium inflows vs. claim outflows and operational costs.
Balance Sheet
- Shows reserve levels, claims provisions, investment portfolio, and shareholder equity.
Profit & Loss Statement
- Displays premium revenue, investment income, claims paid, expenses, and net income.
Custom KPIs
- Loss Ratio (Claims / Premiums)
- Combined Ratio ((Claims + Expenses) / Premiums)
- Investment Yield (Investment Income / Invested Assets)
- Solvency Ratio (Assets / Liabilities)
Dashboard 
Strategic forecasting in Brixx
Analyse how different premium structures and claim frequencies affect profitability
Prepare financial documentation to support funding or partnership proposals
Budget for marketing campaigns, staffing costs, and digital transformation initiatives
Model the capital impact of large-scale claims events or policy changes
Track performance over time and adjust plans in response to market conditions
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Answer real questions about your business:
- Scenario testing
- 10-year financial forecast
- Pre-built templates
- Xero integration
- Automated reports: P&L, balance sheet, cash flow, tax & more
