Illustrations / Zurich Reinsurer
Illustrated workflow: Bordereaux Reconciliation
This is a teaching scenario for a fictional desk, not a customer testimonial. Figures in the source story are not audited results and must not be quoted as ROI.
Situation
A major Swiss reinsurer was processing 450+ treaty bordereaux monthly using a team of 12 accountants. Manual reconciliation took 15-20 days per cycle, with 6% error rates causing disputes, delayed payments, and strained cedent relationships. The process was unsustainable as the treaty book grew 25% year-over-year.
Workflow
Implemented Bordereaux Agent to automate extraction, reconciliation, and anomaly detection across all treaty types. The system handles proportional and non-proportional structures, validates against treaty terms, flags outliers, and generates exception reports requiring human review.
- Bordereaux Agent
- Treaty Agent
- Compliance Agent
Steps
- Phase 1: Data Extraction. Deployed Bordereaux Agent to process PDFs, Excel files, and structured data feeds from 200+ cedents. Trained on 5 years of historical bordereaux to recognize diverse formats and structures.
- Phase 2: Reconciliation Logic. Built automated reconciliation engine matching premium and claims data against treaty terms. Integrated with accounting systems and payment workflows.
- Phase 3: Exception Handling. Created intelligent escalation system flagging anomalies requiring human judgment. Reduced accounting team from 12 to 4 FTEs focused on complex exceptions.
Illustrated scenario, not a named customer: “The ROI was immediate and undeniable. We've reinvested savings into underwriting talent and cut our bordereaux cycle by 80%.”