Brisc vs VIPR

Brisc vs VIPR: bordereaux both ways, then the cash.

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.

Two shapes

A platform, and an engine.

VIPR

Delegated authority platform

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 approval for direct regulatory reporting and a library of 150+ pre-built validation checks.

Brisc

Bordereaux management, through to the cash

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.

Side by side

Same job on bordereaux. Different method.

 VIPRBrisc
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 Approved for direct reporting, with an ACORD straight-through partnership No equivalent. If Lloyd’s direct reporting is mandatory for your book, VIPR is the right tool for it
Time to live Seven weeks in their published implementation case study 2 to 6 weeks
The decision

Which one do you need?

Choose VIPR

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.

Choose Brisc

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.

Run both

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 →

Common questions

Brisc vs VIPR, answered

What is the difference between Brisc and VIPR?

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.

Does Brisc generate bordereaux?

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.

Do we need a standardised bordereau before Brisc can work?

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.

Is Brisc a replacement for VIPR?

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.

Is Brisc’s matching AI?

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.

How accurate is Brisc, and how long until it is live?

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.

Bring your own bordereau. Watch it balance.

30 minutes, no slide deck. We run your real bordereau and a real bank statement. Your book is specific; the walkthrough should be too.

Book the walkthrough