Bordereau

A periodic report from a coverholder or MGA to its carrier, listing risks, premiums or claims written under a binding authority. Traditionally monthly or quarterly. Traditionally late.

InsTech and distriBind, Making delegated authority data exchange simple

Related terms

Live book
Coverholder
Binding authority

In practice

Braven for capacity providers

How reinsurers, Lloyd's syndicates and carriers use Braven to see oversight, bordereaux and binder adherence as they happen.