Top 3 Accounting Firms for Insurance Agencies

Running an insurance agency means juggling a lot at once: managing clients, tracking commissions, recruiting agents, and staying compliant with carriers. It’s easy for your books to fall behind when your focus is on growth. But clear, organized financials are what keep your agency stable and profitable year after year.

A good accounting partner does more than keep your books clean. They help you understand where your commissions come from, how your renewals perform, and what steps to take to improve your bottom line. If you’re an agency owner ready to bring more clarity to your numbers, read on for the three accounting firms we recommend for their work with insurance agencies.

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What to Look for When Choosing an Accounting Firm for Your Insurance Agency

Before diving into specific firms, it helps to know what separates a good accounting partner from a great one. Insurance agencies have unique financial challenges, from managing commission splits and renewals to tracking carrier payables and agent expenses, so it’s worth taking the time to find a firm that truly understands how your business works. Here are some areas to look out for:

Industry Experience

Make sure the firm has direct experience with insurance agencies or brokerages. Accounting for commission-based revenue isn’t the same as tracking billable hours or retail sales. You want a team that knows how to handle carrier statements, contingent income, and agent compensation without confusion or delays.

Beyond Basic Bookkeeping

Many agencies need more than simple transaction recording. Look for a partner who can help you forecast revenue, manage cash flow during slow renewal months, and analyze profitability by product line or producer. Strategic insight is what turns your books into a real business tool.

Strong Tech Integration

Your accounting partner should work seamlessly with the systems you already use, like your agency management software, CRM, or carrier portals. Cloud-based accounting tools make it easy to see updated numbers in real time, so you can make better decisions throughout the month, not just at year-end.

Scalability and Flexibility

The right firm should be able to grow with you. Maybe you start with monthly bookkeeping, then add fractional CFO services or more advanced reporting later. That scalability keeps your financial systems consistent even as your agency expands or takes on new lines.

Clear Communication

A great accountant doesn’t just send reports, they help you understand them. Pay attention to how clearly they explain your numbers and how responsive they are to your questions. You want a partner who makes finances simple, not overwhelming.

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Accounting Firms For Insurance Agents We Recommend 

1. Bookkeeping for Brokers

Visit Website → bookkeepingforbrokers.com

Bookkeeping for Brokers is a U.S.-based accounting and CFO services firm that specializes in working with insurance, real estate, and mortgage brokers. (Yes, that’s us!) Our focus is to provide clear, consistent financial insight that helps agency owners grow with confidence.

What sets us apart is our deep understanding of how insurance agencies actually operate. We know that commissions can be unpredictable, cash flow can fluctuate, and reconciling carrier statements is time-consuming. Our team builds bookkeeping systems that track commissions accurately, show profitability by agent or line, and give owners a real picture of performance — without the headaches of managing it yourself.

For agencies that have outgrown basic bookkeeping but don’t need a full in-house finance department, Bookkeeping for Brokers acts as a fractional CFO. We’ll help you forecast revenue, monitor KPIs like retention and renewal rates, and plan for hiring or expansion.

Best for: Insurance, mortgage, and real estate agencies that want accurate books, strategic financial insight, and a partner who understands the commission-based business model.

2. Johnson Lambert LLP

Visit Website → johnsonlambert.com

Johnson Lambert is a national CPA and consulting firm recognized for its deep expertise in the insurance industry. The firm works with hundreds of insurance entities across the country, including property and casualty carriers, life insurers, and captive groups, making them one of the most specialized accounting firms in the space.

While they primarily serve insurers, their deep knowledge of insurance accounting makes them an excellent resource for larger or multi-branch agencies that need a firm familiar with complex regulatory and reporting requirements. They bring a level of rigor and strategic insight that’s valuable for agencies experiencing rapid growth or preparing for acquisition.

Best for: Mid-sized or expanding agencies that want insurance-specific expertise and a strong advisory partner with national reach.

3. Moss Adams LLP

Visit Website → mossadams.com

Moss Adams is one of the largest accounting and consulting firms in the U.S., with a dedicated insurance practice that supports both carriers and intermediaries. Their team understands the operational and regulatory landscape of the insurance industry and offers services ranging from accounting and assurance to business consulting and technology integration.

For insurance agencies planning to scale, diversify, or enter new markets, Moss Adams offers the kind of comprehensive support that helps owners see the full financial picture. They also provide access to benchmarking data and industry analysis that can help agency leaders make smarter growth decisions.

Best for: Larger, multi-state agencies or broker groups seeking a national firm with extensive resources and insurance-industry experience.

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Choosing the Right Fit

Every insurance agency is unique. Some just need reliable bookkeeping to keep things organized; others need a hands-on finance partner to help them grow strategically. The key is finding a firm that understands how your business works: how commissions flow, how renewals drive revenue, and how your agents impact profitability.

• Bookkeeping for Brokers is ideal for agencies that want a dedicated partner who truly understands the broker model and provides CFO-level insight without the cost of a full-time hire.
• Johnson Lambert offers specialized insurance expertise for agencies that are scaling quickly or need audit-level rigor.
• Moss Adams provides big-firm resources for agencies that need a national advisor and advanced analytics to guide their decisions.
  
  

No matter where your agency stands today, having the right accounting partner will give you clarity and confidence in your numbers and the freedom to focus on what matters most: serving your clients and growing your business.

If you’d like to learn how a specialized bookkeeping and CFO partner can help your agency thrive, book an introductory call with Bookkeeping for Brokers to get started.