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INSURANCE

Bordereaux ingestion + standardization

Bordereaux management involves the ingestion and standardization of data files from delegated authority companies for their capacity providers. Our platform transforms inbound bordereaux files, regardless of format, into a template provided by the receiving party. We eliminate cumbersome user-defined rules for efficient and accurate data processing.​

Bordereaux files come in different formats from MGAs, coverholders, and brokers, making standardization difficult

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Data inconsistency

Most data mapping and validation are done manually, slowing down operations and increasing costs

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Manual processes

Inaccurate or incomplete data can lead to reporting errors, regulatory penalties, and strained relationships with capacity providers

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Compliance risks

Industry challenge

Bordereaux management is a critical yet resource-intensive process in the insurance and reinsurance sectors. Delegated authority entities like MGAs, cover holders, and brokers submit bordereaux in diverse formats, often leading to significant inefficiencies in data processing and standardization.​

Despite efforts to standardize through contractual agreements and operational guidelines, frequent disruptions arise when new clients are onboarded, schemas change, or product updates occur. These variations amplify the complexity of managing bordereaux files and underscore the need for an automated, AI-driven approach to ensure consistency, accuracy, and efficiency.​

HerculesAI for Bordereaux ingestion + standardization

With AI-driven automation, Hercules eliminates the need for manual rules and repetitive tasks. It automatically detects discrepancies in incoming files, validates the data, and applies transformations in real-time, ensuring that all submissions meet the specific requirements of capacity providers.

THE STATS

80%

reduction in processing time compared to manual workflows

3x

faster turnaround time for Bordereaux ingestion

95%

reduction in manual intervention required for data mapping and validation

Adaptive AI at every stage

This end-to-end automation offers flexibility to intervene at critical stages of the process, ensuring accuracy, compliance, and consistency across the entire bordereaux lifecycle.

AI CAPABILITY

Automatically validate the format and structure of incoming files at the point of submission.

01

File submission

MGAs, brokers, and coverholders submit bordereaux files in various formats

AI CAPABILITY

Users can review and adjust the AI-generated mapping if necessary.

02

Schema mapping

Hercules maps incoming data fields to the predefined template provided

AI CAPABILITY

Users can verify the accuracy of transformed data before Verification.

03

Data transformation

The system transforms the bordereaux file into a standardized file

AI CAPABILITY

With more usage, the system learns to handle all special cadences, removing human dependency or rule buildup

04

Verification

The system applies client-specific instructions learned from historical data

AI CAPABILITY

Users can review the final output to ensure alignment with business rules.

05

Standardized output

The final, compliant bordereaux file is generated and ready for submission

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Key features

Automatic validation

The AI instantly flags discrepancies in incoming files, reducing the need for manual checks

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Overall, Hercules reduces errors, accelerates data processing, reduces the time required to onboard new clients, and more effectively process bordereaux files with existing clients.

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Explore your use case and discover what HerculesAI can do for you
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