communic8 Bordereau platform
I am pleased to announce the launch of communic8 Bordereau, a new extension to the prevalent communic8 insurance data integration platform.
communic8 Bordereau streamlines the traditional process where Managing General Agents (MGAs) submit insurance transactions via bordereaux to insurance carriers, unlocking more straight-through processing capabilities. This Software-as-a-Service (SaaS) technology solution enables secure transmission, automated data validation and underwriting compliance for commercial lines insurance companies.
The solution dramatically improves the quality of data exchanged and speed of service to the MGA and their policyholders. Carriers benefit from the automation of tasks that are traditionally manual, tedious, and repetitive, allowing their policy processing teams to spend more time on underwriting and service. At bordereau submission, MGAs will also receive immediate feedback on critical issues or omissions, thereby minimizing the back-and-forth communication with the carrier. communic8 Bordereau was designed as a SaaS cloud-native application to be easy to implement, maintain and use, and delivers near-immediate Return On Investment (ROI).
Further details on the communic8 Bordereau solution can be found at https://bordereau.hubio.com