Both platforms ingest and validate bordereaux. Brisc also generates the bordereau back out in the format the receiving party requires, and proves the reported premium against the money that actually arrived. Where Lloyd’s direct reporting is mandatory, VIPR is the right answer.
Six products across the DA value chain: coverholder onboarding, a submission portal, bordereaux management in Intrali, analytics and a data warehouse. Established in the Lloyd’s and London market, with a library of 150+ pre-built validation checks.
The Bordereaux Analyst reads the layout each partner actually sends, validates it against the binder, and generates the bordereau in the format the receiving party requires. Then the reported premium is reconciled to the money at policy, layer or treaty level. Every match carries its evidence; every exception carries an explanation.
A trusted data set. VIPR says Intrali validates, transforms and aggregates risk, premium and claims data into “a single, trusted data model”, and the rest of the platform (portal, onboarding, analytics, data warehouse) is built around that model. VIPR says it serves 50% of Lloyd’s managing agents and processes about 500,000 bordereaux a year, and in October 2026 announced a US office to add to its Hartford presence. It is built for the managing agent or carrier that wants the whole delegated authority workflow from one vendor with a Lloyd’s pedigree.
The cash. The same validation of the file, then the bordereau generated in the format the receiver requires, then every reported premium and claim matched to the bank and remittance lines that settled it, and the result posted back to your policy administration system or ledger with the evidence attached. Brisc is built for the carrier, MGA or reinsurer whose question is not only “is this file right?” but “did the money arrive?”.
VIPR facts from viprsolutions.com, the Intrali product page and The Insurer, 19 October 2026, read 20 October 2026. How the layers fit together: bordereaux management, who does what. VIPR sits in carrier-side validation (layer B); Brisc works in that layer, in MGA-side production (layer A), and in cash-to-bordereaux reconciliation (layer E).
| VIPR | Brisc | |
|---|---|---|
| Layer | Bordereaux data: ingestion, validation, standardisation, reporting, inside a delegated authority platform | Bordereaux data and cash: validation, generation, then reconciliation of the file to the bank, posted back to your system of record |
| Built for | Lloyd’s managing agents, carriers, brokers and coverholders wanting the full delegated authority workflow | Carriers, MGAs and reinsurers who need the file proved and the premium on it proved against cash |
| Deployment shape | A multi-product platform with its own data warehouse, implemented per customer | SaaS on Azure, one dedicated tenant per customer; day one needs no PAS integration |
| Formats in | Excel, Word and PDF | Excel, CSV, PDF, settlement documents, ACORD-style files, and broker emails forwarded straight to the Analyst |
| A new layout | Configured per customer, mapped as part of implementation | Auto-suggested on the first file, confirmed once by your operations team, then reused every month. No engineering ticket |
| Validation | A mature library of 150+ pre-built checks | Cross-version diff, financial footing, commission and brokerage against the binder, duplicates, disappearing rows, plus rules configured per program |
| Bordereaux out | Validated, standardised bordereaux data and reports | The bordereau itself, generated in the format the receiving party requires, plus the premium bordereau you owe capacity, built from matched cash |
| Explainability | Rules-based validation output | Every extracted value carries a reasoning paragraph naming the source document and how it was read; every match names the rule that made it |
| Where data lives | Reconciliation runs against the VIPR Data Cloud | Your systems. Output posts back to your PAS, general ledger or data lake; Brisc is not a second ledger to keep in sync |
| Cash matching | Outside Intrali’s scope | The core of the Reconciliation Analyst: reported premium matched to the bank, with evidence |
| Lloyd’s reporting | Established in the Lloyd’s and London market | Generates and validates the bordereau in the layout your managing agent requires, including the Lloyd’s Coverholder Reporting Standards v5.2 file. Not a Lloyd’s market service: DDM submission stays with that platform |
| Time to live | Seven weeks in their published implementation case study | 2 to 6 weeks |
When Lloyd’s direct reporting is mandatory, or when you want the whole delegated authority stack from one vendor: coverholder onboarding, portal, bordereaux, analytics and warehouse together.
When partner files arrive in layouts no rules library anticipated, when you need the bordereau produced as well as checked, and when the premium reported has to be matched to money in the bank with evidence an auditor can follow. See the Bordereaux Analyst.
Some books do. VIPR carries the Lloyd’s-facing reporting; Brisc takes the non-Bureau programs, the partner files that never fit a template, and the reconciliation to cash.
Comparing reconciliation platforms instead? Brisc vs AutoRek →
VIPR is a delegated authority platform: six products spanning coverholder onboarding, a submission portal, bordereaux management in Intrali, analytics and a data warehouse, established in the Lloyd’s and London market. Brisc is an AI-native bordereaux engine that also closes the cash loop. Both ingest and validate bordereaux. Brisc also generates the bordereau back out in the format the receiving party requires, and reconciles the reported premium to the money that actually arrived.
Yes, in both directions. 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, normalises it to one schema, and generates the bordereau in the format the receiving party requires, whether that is a carrier template or a syndicate layout. After cash is applied it generates the premium bordereau you report up to capacity from validated line items. Brisc reads bordereaux and writes them.
No. That is the work, not the prerequisite. The Analyst takes the layout each partner actually sends, maps it once with your operations team, and reuses that mapping every month. This is the core method difference: Brisc adapts to the data your partners send, rather than requiring your partners’ data to conform to a template first.
Rarely a like-for-like swap, because the products are shaped differently. VIPR sells the whole delegated authority stack; Brisc is the bordereaux and cash layer, and your systems of record stay where they are. Where Lloyd’s direct reporting is mandatory, VIPR is the right tool for that reporting. Where the problem is partner files that do not fit a rules library, and premium that has to be proved against the bank, Brisc is.
VIPR describes Intrali as validating, transforming and aggregating risk, premium and claims data into a single, trusted data model. That is the bordereaux data layer: the file is checked and standardised. Matching the premium on that file to the money that arrived in the bank is a separate job, and it is the job the Brisc Reconciliation Analyst does. VIPR stops at a trusted data set; Brisc carries it through to a trusted cash position.
Both, depending on the job. On bordereaux validation the two overlap and a buyer will compare them. On cash reconciliation they do not overlap: a book that already runs VIPR has a clean file, and Brisc matches that file to the bank. Brisc reads VIPR output the way it reads any other standardised bordereau.
The matching is deterministic, rule-based and explainable. AI reads the documents as they arrive and argues the borderline cases; it never decides a match. Every match names the rule that made it, and every extracted value carries a reasoning paragraph naming the source document and how it was read.
97%+ matching accuracy at steady state. Expect 80% of records matched on day one, climbing to 92 to 95% by about 90 days as the rule base absorbs your book. Live in 2 to 6 weeks.
30 minutes, no slide deck. We run your real bordereau and a real bank statement. Your book is specific; the walkthrough should be too.
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