Bordereaux Processing

MGA, MGUs, Carriers, Reinsurers, TPAs, and other partners exchange updates on claims data in the form of bordereaux (BDX) reports. Due to high variability and lack of standardization this is frequently a labor intensive and manual process. Transform the bordereaux process by automating the extraction of relevant fields from complex variable BDX reports to reduce processing time and expenses and increase insights & control.

Benefits

Automating Bordereau Processing

Reduce processing time

Automate the extraction and standardization of relevant fields from complex BDX reports
Increase capacity

Enable adjusters and actuaries to focus on insights, performance, and control of claims performance rather than rote tasks
Reduce expenses

Reduce dependency on BPO and increase control

Features

Building Blocks

Extract Information

BDX documents are highly variable and often low quality. Automatically extract required key fields without being restricted to templates.
Compare & Review

Compare BDX reports from different industry participants and review for errors and omissions
Improve Reporting

Deliver higher quality reports to regulatory and tax authorities more timely, and have more control and insight over performance