Automate the production, validation, and submission of premium and claims bordereaux — eliminating spreadsheet errors and meeting capacity provider deadlines every month.
MGAs, coverholders, and delegated authority carriers spend days each month compiling bordereaux reports from disparate systems. Manual data extraction, spreadsheet manipulation, and last-minute corrections are the norm — and errors in bordereaux can trigger capacity provider audits, financial penalties, and binding authority reviews.
Teams manually extract data from policy admin, claims, and finance systems into Excel templates — a process that takes 3-5 days per reporting cycle and invites formula errors.
Mismatched policy references, missing premium splits, and incorrect claim reserves cause capacity providers to reject submissions, triggering re-work cycles.
Monthly and quarterly submission deadlines create intense pressure. Late bordereaux risk regulatory sanctions under Lloyd's or London Market standards.
Purpose-built capabilities — not generic templates you have to work around.
Pull premium, policy, and claims data from connected systems into a single bordereaux dataset — no manual extraction or copy-paste required.
Run configurable validation rules against the compiled data before submission — catching missing fields, format errors, and data inconsistencies before the capacity provider sees them.
Track submission deadlines for every capacity provider and treaty. Automated reminders and escalations ensure nothing is submitted late.
Maintain versioned bordereaux templates for each capacity provider. When a provider changes their format requirements, update the template once and all future reports follow suit.
Every bordereaux submission is logged with the dataset used, validation results, and submission timestamp — providing complete evidencing for delegated authority audits.
At the configured reporting frequency, the system automatically extracts premium, policy, and claims data from connected source systems into a staging dataset.
The staging data is validated against capacity provider rules — checking for completeness, format compliance, premium balancing, and reserve consistency.
Any validation failures are surfaced to the responsible team member with clear descriptions. Exceptions are resolved within the workflow and re-validated before proceeding.
The validated bordereaux is presented for sign-off by the designated approver, then submitted to the capacity provider via their preferred channel — portal upload, SFTP, or email.
Try these tools to assess and improve your operations.
Yes. Each capacity provider can have its own versioned template with specific column mappings, data formats, and validation rules. The system applies the correct template automatically based on the reporting relationship.
All policy transactions — MTAs, cancellations, new business — are captured in real time. The bordereaux reflects the position as at the reporting cut-off date, with adjustments clearly itemised.
Yes. SwiftCase supports Lloyd's Market Association (LMA) bordereaux formats including the standard premium and claims templates, with built-in validation against LMA data quality requirements.
The system produces reconciliation reports that compare bordereaux totals against your general ledger and premium finance records, highlighting discrepancies for investigation before submission.
See how SwiftCase eliminates spreadsheet errors, meets every deadline, and gives capacity providers exactly what they need — first time, every time.
