BinderCloud

Centralised data management for delegated underwriting authority business.

Unlock efficiency and transparency with BinderCloud

The complexity of managing and validating large volumes of bordereaux and submission data is a significant source of operational friction. Inefficient ingestion and lack of validation oversight creates administrative backlogs and obscures the true risk exposure and impede the timely flow of clean data to core systems.

DXC Technology’s DXC BinderCloud, combined with our Delegated Underwriting Services, delivers a unique managed service for binder processing. Developed with our clients and shaped by our experience in the global insurance market, it improves the speed, accuracy, and compliance of data sharing between cover holders, MGAs, brokers, third-party adjusters, and underwriters in the London Market and beyond.

Data validation and risk oversight

Our approach addresses the complexities of managing data quality in the subscription market, ensuring that risk exposure is accurately represented and swiftly integrated.

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Validation and control

BinderCloud moves beyond simple file transfer. Submissions undergo automated validation against policy data, financial limits, and regulatory rules at the point of ingestion. This directly improves data integrity by flagging errors and resolving queries early, ensuring only "right-first-time" data proceeds to downstream accounting systems.

Scalability without fixed cost

The volume of Delegated Authority business is rarely static. Our BinderCloud service model allows managing agents to scale bordereaux validation and processing capabilities in line with business growth or seasonal peaks, ensuring continuous, high-quality support without the need to divert or hire internal resources.

Operational transparency

We provide clear visibility over the quality of submissions received from coverholders. By providing Management Information (MI) on processing metrics and error rates, we help you identify systemic issues and implement process improvements that secure the integrity and timeliness of your Delegated Authority data.