What Is Bordereaux in Insurance? A Complete Guide for MGAs
For MGAs and delegated carriers, bordereaux reporting is part of daily life. It’s required to provide partners with policy, premium, and claims data. But many teams still manage bordereaux in spreadsheets – a process that’s time-consuming and risky. In this guide, we’ll explain what bordereaux is, why it matters, and how Expert Insured automates the process.
What Is Bordereaux?
Bordereaux (often shortened to “bord”) is a formatted report that MGAs send to carriers. It typically includes:
- Policy information
- Premium written and bound
- Claims activity
- Risk exposure
Carriers use bordereaux to reconcile premium, track performance, and ensure compliance.
Why Bordereaux Is Critical for MGAs
- Compliance – contracts often require monthly or quarterly bordereaux.
- Cash flow – carriers release commissions after reconciling bordereaux.
- Transparency – provides a complete view of policy performance.
The Problem with Manual Bordereaux
- Spreadsheets are error-prone.
- Data is re-keyed from AMS or policy admin systems.
- Formatting errors cause delays.
- Compliance risk increases when reports are late or inaccurate.
How Expert Insured Automates Bordereaux
- Field Mapping – map once, reuse for every report.
- Live Data – generate bordereaux directly from policy data.
- Validation – catch errors before submission.
- Exports – produce reports in carrier-required formats (CSV, Excel, API).
Use Case Example
One MGA managing multi-carrier programs reduced bordereaux preparation time from 3 days per month to under 1 hour using Expert Insured.
Frequently Asked Questions
What is bordereaux in insurance?
Bordereaux is a report of policy, premium, and claims data that MGAs provide to carriers and regulators.
Why do MGAs need bordereaux?
Carriers require it for compliance, cash flow reconciliation, and performance tracking.
Can bordereaux be automated?
Yes. Expert Insured generates bordereaux directly from live policy data, removing spreadsheets.
Overwhelmed by back-office tasks? Our back-office support services streamline premium accounting, audits, and reporting-so your team can focus on growth.
Tired of manual bordereaux reports? Our bordereaux & premium processing solution generates audit-ready reports directly from live policy data, automates reconciliations, and removes spreadsheet headaches.
Looking for a policy admin platform built for MGAs, wholesalers, and carriers? Expert Insured delivers everything from new business quoting, endorsements, renewals, and billing-all under one automated, audit-ready system.
