Line-level control of delegated authority: every coverholder bordereau validated against binder terms, reported premium matched to the cash that actually arrived. Evidence rides on every row, and your PAS stays the system of record.
| Coverholder | Binder | Reported net |
|---|---|---|
| Coverholder A | B-2026-01 | 142,880.00 |
| Coverholder B | B-2026-04 | 96,410.00 |
| Coverholder C | B-2025-09 | 61,925.50 |
| Coverholder D | B-2026-02 | 119,480.00 |
| Coverholder E | B-2026-03 | 208,114.20 |
| Coverholder F | B-2025-12 | 58,200.00 (Apr) |
| Coverholder | Due per binder | Received | Status |
|---|---|---|---|
| A | 142,880.00 | 142,880.00 | Matched |
| B | 96,410.00 | 96,410.00 | Matched |
| C | 61,925.50 | 61,925.50 | Matched |
| D | 123,600.00 | 119,480.00 | Short 4,120.00 |
| E | 208,114.20 | 208,114.20 | Matched |
| F | 58,200.00 | 0.00 | Unpaid 60+ days |
36 of 38 coverholders reconciled line by line against binder terms and bank receipts. The 2 that are not are queued with evidence, before month end.
The engine that matched this cash also validates each coverholder’s risk and claims bordereaux. So a commission error found in the cash traces straight back to the rows that caused it.
Your bordereaux management system tells you what was bound, not what was paid: commission at unchecked rates, taxes misapplied in transit, the policy bound but never paid. Sampling papers over the gap; the Analysts close it, every row, every binder, every day.
A fronting carrier backing twenty programs receives twenty bordereaux pipelines, each in its own layout and on its own lag, and books all of them against one balance sheet. Conning’s 2026 fronting study calls the market’s next phase a test of platform quality rather than of capacity and growth alone, with credit controls and operating depth among the differences that a softer market makes visible. The platform being tested is the one that turns each program’s file into a booked, paid, evidenced position.
US fronting premium in 2025, up 17%. More than $30bn on AM Best’s wider count.
Conning, Aug 2026 · AM Best, Sep 2026Share of MGA-dedicated fronting premium held by the ten largest fronting platforms.
Morningstar DBRS, 2026US MGA direct premium in 2025, up 17.8%: the programs those fronts report on.
AM Best, 2026What a front gets from Brisc: each program’s bordereau validated against its own binder, the premium matched to the cash that arrived, and one evidenced position across all of them. Read where Brisc fits for a carrier or the bordereaux management guide.
Four apply. Most carriers start with the bordereaux. Where Brisc fits in the bordereaux chain for a carrier.
Every row balanced, every rate checked against the binder you agreed; discrepancies return as drafted queries, evidence attached.
Bordereaux reconciliation →Bank, bordereau and remittance reconciled three ways, continuously; aged debt surfaces while it can still be chased.
Bank reconciliation →Versions compared: reserve movements, new large losses and watch-list keywords flagged, before-and-after attached.
Claims bordereaux →Broker packets become checked risk data, every field traced to its source, before an underwriter spends a minute on them.
Submission intake →Different seat? See MGAs, reinsurers or member-owned mutuals.
A Bermuda-based specialty reinsurer audited four years of bordereaux, 100,000+ premium records, and found a 12% uplift in true profitability. Your delegated book has a number like that; the question is whether you know it.
Three ways, on every row. Arithmetic: gross minus commission, brokerage, taxes and fees must equal the stated net. Terms: the rates and shares applied on each row are checked against the binder you actually agreed. Cash: what the bordereau reports as paid is matched to what actually arrived.
No. It closes the gap that system leaves open. Your bordereaux management system tells you what was bound; Brisc tells you what was paid, and surfaces the difference as a worked exception rather than a quarter-end discovery.
Bordereaux validation, usually: the delegated gap shows there first, and every downstream number inherits its quality. Reconciliation, claims and submissions run on the same platform when you are ready.
That is the operating assumption, not an edge case. Each coverholder’s format is ingested as-is and normalised to one schema, currencies and dates aligned, commission and tax positions explicit. No format mandates for coverholders, no re-keying for your team.
No. Brisc never initiates, holds or moves a payment; it reads your statements and reconciles them. You get the control layer: what arrived, what it belongs to, what is outstanding, with an exportable evidence trail on every record for client-money and regulatory review.
30 minutes, no slide deck. Watch the Analyst balance the rows, check them against binder terms, and match the cash.
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