Bordereaux
A bordereaux is a detailed report submitted by insurance intermediaries to underwriters or capacity providers, listing policy and claims activity over a defined period.
In insurance, a bordereaux (plural: bordereaux) is a periodic report — typically monthly or quarterly — that details the policies written, premiums collected, claims notified, and claims paid by an intermediary on behalf of a capacity provider.
Bordereaux reporting is a fundamental requirement for Managing General Agents (MGAs), delegated authority holders, and insurance brokers operating under binding authority agreements. Capacity providers (insurers and reinsurers) rely on these reports to monitor their exposure, track premium income, and oversee claims activity.
Producing bordereaux reports manually is one of the most time-consuming tasks in insurance operations. It typically involves extracting data from multiple systems, consolidating it in spreadsheets, validating accuracy, formatting to the capacity provider's specification, and submitting before strict deadlines.
SwiftCase automates bordereaux generation by maintaining structured claims and policy data throughout the lifecycle. When reporting deadlines arrive, the system generates compliant bordereaux reports directly from operational data, eliminating manual compilation and reducing the risk of errors or missed deadlines.
Related Terms
FNOL (First Notification of Loss)
FNOL is the initial report made to an insurance company when a loss, theft, or damage event occurs. It is the first step in the claims process and sets the trajectory for the entire claim.
Case Management
Case management is the coordination of complex, variable work where each case follows its own path based on circumstances, requiring human judgement, collaboration, and adaptive decision-making.
Audit Trail
An audit trail is a chronological record of all actions, changes, and decisions within a system, providing evidence of who did what, when, and why.
See it in action
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