Delegated Underwriting Services
Xchanging’s Delegated Underwriting Services provide insurers with a robust and functionally-rich technology solution to bordereaux management.
You can choose from a range of services within the portfolio. These services can be underpinned by BinderCloud technology or can be wrapped around your existing binder management systems:
- Bordereaux collation
- Bordereaux chasing
- Bordereau mapping
- Bordereaux processing
- Document collaboration
- Query resolution
- Guidance around Conduct risk/Solvency II requirements
The BinderCloud software system, designed to automate the binder management process, is built upon a cloud-based, shared, secure platform. The document repository, mapping tool and reporting components ensure all interested parties have access to the information they need via appropriate security and access permissions.
Xchanging promotes a market platform approach to delegated underwriting. A market platform is the most cost effective solution to gain control of your entire book of business, comprising both lead and follow contracts. Our award winning technology and highly experienced Delegated Underwriting Services team address a market problem with a single solution which promotes sharing and collaboration.