Bordereaux & Claims Management in a controlled and automated environment
This solution is intended for managing and processing bordereaux & claims data by validating and consolidating for increased quality and control of your risk and claims management. The solution can be used for two cases:
- Insurance companies/consortia of insurance companies fronting on behalf of a captive reinsurance company
- Agents or cover holders entering insurance contracts on behalf of the insurance company/risk carrier
With a vast amount of different data collected from different internal/external sources, the Actuo Aggregation Engine can validate, consolidate, and produce master bordereaux and templates/reports in an automated and controlled environment.
For the operations of managing bordereaux and claims data, the solution will deliver an increase in quality, control, speed, and precision of your claims management and closing process.
Actuo can also offer to set up a customized BRDX Portal on behalf of the clients, where the fronting companies and/or agents/cover holders can upload and have their claims information and bordereaux validated, accepted and/or rejected (based on e.g. commonly agreed rules from the Delegated Authority Agreement).
The Portal can secure fast and transparent communication and data management between the parties and create a controlled data process when receiving/delivering large data templates.