Insurance

Data automation for bordereaux management

Request, harmonise and enrich data for program business and delegated authority underwriting
Insurers  |  Reinsurers  |  Brokers  |  MGAs  |  MGUs

Insurance data network

Carriers, brokers, agents and reinsurers seamlessly share and track data on Quantemplate. Requesting, chasing and validating the data each month is automated, saving time and costs.

Map with AI

Use AI to automatically map to any schema or target system: to Lloyd’s 5.2, to your data warehouse, to RMS/AIR, to pricing tools and more.

Straight-through processing

End-to-end automation of cleansed, validated data, connected to your stack via API. Block invalid data and receive event notifications.

Automate and harmonise data inflows to calculate net positions, close the books each month and provide consistent information to the organisation

Delegated Authority and Program Business are rapidly growing sectors of the global insurance market. Policyholders are offered tailored products and have more access to capacity via the extensive reach and domain expertise of Managing Agents and Coverholders.

However, the complexities in the data provided by each distribution partner make it time-consuming and costly to close the books each month.

Quantemplate solves this with straight-through processing, AI schema mapping, and flexible tools that help you do more with your data.

Instant insights

Converting incoming data to your format automatically gives you instant insight into the performance of your suppliers and your portfolio exposure.

Grow faster

Onboard new partners with ease to grow your book faster. Dedicated implementation support to help at every step.

Do more with your data

Import all the data you need for underwriting decision making – not just data mandated by regulation and tooling. Enrich with data from other sources, geocode, or join premium, claims and cash accounts to calculate loss ratios and profitablity.

Product applications

Aggregation and clash

Machine Learning algorithms help standardise company names against a reference list, such as Capital IQ, creating a harmonised view of insureds to reduce aggregation and clash risk.

MGA reporting

MGAs/MGUs can automate their bordereaux production and distribution, tailored to match the requirements of each carrier. This reduces operating expenses whilst strengthening the commercial partnership with their capacity providers.

Exposure management

Commercial property insurers can process and validate submissions automatically before exporting to RMS/AIR and pricing systems. Instant harmonisation of Statements of Values allows insurers to be first to market, increase volumes without scaling headcount and maximise quote-to-bind rate.

Fleet Auto

Global fleet auto underwriters ingest data from hundreds of underwriting partners across the world. By automating the data ingestion and preparation workflow, they can provide rapid insights into the performance of their partners, mitigating risk and driving profitability.

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