The Reconciliation Analyst reads every bordereau, remittance, and bank statement you receive, any format, as-is. It matches cash to the right policy, layer, or treaty with evidence attached, and tells you exactly what's outstanding and what to remit, without moving your money.
Bordereaux, remittances, bank and cedent statements: every field extracted with its source attached, nothing re-keyed.
Gross − commission − brokerage − taxes − fees must equal net on every row; what doesn't reconcile is flagged.
Bank to bordereau to remittance, evidence attached; what doesn't match becomes a worked exception.
Payment reports per capacity provider, the premium bordereau up to capacity, and a live paid / overdue view.
Brisc never initiates, holds, or moves a payment, deliberately. Your money stays on your rails; deployment stays at 2–6 weeks.
The real risk isn't inefficiency. It's the policy that was bound but never paid. Cover is live, the premium never arrived, and nobody notices until the claim does.
Matching the cash is only defensible if the line items underneath it reconcile. The Analyst balances every bordereau row before it matches anything.
The Analyst applies each counterparty's convention, shows which one it applied, and catches the payer who paid gross when net was due. One receipt resolving across several layers, and cash arriving net of each party's share, are attributed line by line. Matched cash and validated line items post back with the evidence trail attached.
Once every line item is balanced and matched, what you owe each capacity provider is a report the Analyst already has.
Underwriters see which of their accounts have payment issues; credit control works an aging queue daily and sees what's expected in the next 60 days; leadership sees the position without asking finance to build it. The cash-and-bank check is the last control your finance team runs before any settlement goes out, produced instead of reconstructed.
Accounting numbers are computed, never generated. AI reads and interprets the documents; deterministic code does every calculation, so a total can't be hallucinated.
A rejected match becomes a logged rule; the same mistake doesn't happen twice.
Rejected cases sharpen matching on your binders, brokers, and reference conventions.
Every confirmed alias becomes permanent reference data. Corporate knowledge that survives staff turnover.
The honest ramp. The Analyst matches 80% of records on day one, climbing to 92–95% over roughly 90 days of tuning. Output accuracy holds at 97%+, with the evidence to prove it.
Every match carries its evidence: numbers for an auditor, a capacity provider, or a board.
Premium, claims, commission, and tax balanced on every row and attributed to the right policy, layer, or treaty.
Payment reports per capacity provider and the premium bordereau up to capacity, from matched cash.
Every bound policy tracked until its cash lands; anything unpaid surfaces as an aging exception.
The process that works at $50M GWP still works at $200M, without a hire per increment of volume.
Accurate, continuous matching means your cash position is current every morning.
“The beauty of Brisc was taking about 80% of the manual labour away, so people can focus on underwriting instead of data entry.”
| Manual process | With the Reconciliation Analyst | |
|---|---|---|
| Ingestion | Every coverholder's format re-keyed into working spreadsheets | Any file, any format, as-is, extracted with the source attached |
| Line items | Commission and tax checked on a sample, when there's time | Every row balanced: gross − commission − brokerage − tax = net, exceptions named |
| Matching | Line-by-line, one analyst's pattern memory doing the work | 80% matched on day one, rising to 92–95% over ~90 days |
| Remittances out | The settlement spreadsheet rebuilt by hand each month | Payment reports per capacity provider and the premium BDX generated from matched cash |
| The bordereau out | Re-keyed into the carrier's template, then checked twice before it goes | Generated in the format the receiving party requires, from validated line items |
| Exceptions | Buried in a “to investigate” tab that nobody reopens | Flagged in a workspace with explanations and source documents, worked daily |
| Audit | Reconstructed at year-end from emails and old spreadsheets | Exportable audit trail on 100% of records, complete and current every day |
| Growth | Each increment of volume means another hire and another ramp | The same process at $50M and $200M GWP: capacity without headcount |
For MGAs & program administrators
Cash application, credit control, and remit-to-capacity reports, with every policy tracked from bound to paid.
For insurers & carriers
Coverholder bordereaux validated line by line, cash matched, aged debt surfaced while it can still be chased.
For reinsurers
Cedent statements reconciled to treaty and layer, gross-up and commission conventions applied per treaty.
The Analyst reads what your bank, your brokers, your coverholders, and your market already send. No new templates, no format mandates.
Statements ingested directly from the accounts you already run.
HSBCLloydsBarclays+ yoursStatements, remittances, and bordereaux in whatever shape they arrive.
WillisHowden+ regional brokers+ your coverholdersMarket-standard and not-remotely-standard alike.
Lloyd's 5.2CSVXLSXPDFEmail attachmentsUploads in, CSV out: run in parallel with your existing process, then graduate to posting into your PAS or GL once the numbers have earned it. Deployment: 2–6 weeks.
Dedicated database, storage and key vault on Azure. No shared fallback.
Entra SSO federation with an allowlist you control.
SaaS. No infrastructure for your team to stand up or maintain.
SOC 2 Type II and per-tenant isolation. Security documentation: trust.brisc.ai.
Looking for bank-statement-first reconciliation, cash application against your bank feeds? See Bank Reconciliation.
Cyber SME, embedded, micro-policies: thousands of small receipts where ten minutes per match erases the margin on the policy. These are the books a spreadsheet can never carry.
Bordereaux reconciliation is the process of connecting what your bordereaux report (premiums, claims, commissions, taxes, line by line) to the cash that actually moves through your bank accounts and broker remittances, and proving every connection with evidence. It’s the control that closes the gap between written and paid: every bound policy tracked until its cash lands, every short payment and missing line surfaced while it can still be chased. It’s harder than ordinary reconciliation because one bank line often bundles many policies, cash arrives net of commission, and every coverholder and broker reports in a different format.
No, deliberately. Brisc never initiates, holds, or moves a payment. The Analyst is the intelligence layer: it tells you exactly what arrived, what it belongs to, what is outstanding, and what to remit to each capacity provider, and hands you the outputs, ready for whatever banking rails you already use. That’s also why deployment takes 2–6 weeks: adopting Brisc isn’t a money-movement migration, a treasury change, or a new regulated dependency.
Yes, at line level. Every bordereau row is balanced: gross premium minus commission, brokerage, taxes, and fees must equal the net, and the Analyst flags every row where the components don’t reconcile to the stated total. Premium, claims, commission, and tax are each tracked to the policy, layer, or treaty they belong to, with the source document attached, and matched cash is posted back to your PAS or general ledger. Your PAS stays the system of record; Brisc is the layer that proves its numbers.
Yes. Those are the normal case. One broker wire covering many policies is resolved line by line; one policy paid in nine instalments is tracked across all nine receipts; a part-payment leaves the balance visible as an aging exception. And when a receipt bundles something you don’t keep (a tax you don’t remit, a return premium the broker deducted) the Analyst splits it: the premium is applied, the rest is held back with its own trail.
97%+ output accuracy, with an honest ramp on matching: 80% of records match on day one, rising to 92–95% over roughly 90 days as the rule base absorbs your brokers, aliases, and netting conventions. Two design rules keep it defensible: AI reads and interprets the documents, but deterministic code does the arithmetic, so accounting numbers are computed, never generated. And every match stores its evidence: the source documents, the rule or alias that produced it, and who approved it.
2–6 weeks. Day one needs no PAS integration: your bordereaux, remittances, and bank exports go in as they are, and matched output, exception reports and the generated bordereau come back in the formats you already work with. You run the Analyst in parallel with your existing process until the numbers earn trust, then graduate to posting directly into your PAS or general ledger.
Both. The Bordereaux Analyst reads source data in whatever form it arrives, a partner file, a PAS extract, or a feed straight from your data warehouse, and generates the bordereau in the format the receiving party requires. Once the cash is matched, it generates the premium bordereau you report up to capacity from validated line items, so the file you send is built from the reconciliation rather than rebuilt alongside it.
30 minutes, no slide deck. You watch the Reconciliation Analyst extract your real bordereau, balance the line items, match your cash, and build the remit report.
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