For Insurers
Your External Auditor Will Ask About Bordereaux. Have the Answer Ready.
Close the books in hours. Satisfy IFRS 17 auditors. Recover premium leakage. Without rebuilding your team.
CFO Exposure
You signed the financial statements. The bordereaux was never formally audited. Under IFRS 17, the CSM is derived from data that no system validated at the row level. If it's misstated, it's a personal liability event.
IFRS 17 effective Jan 2023 — CFO signs on unaudited data
Premium Leakage
Industry average: 2.5% of GWP leaks through systematic errors invisible at aggregate level. At $50M GWP, that is $1.25M per year leaving your balance sheet. Not fraud — process failure.
$1.25M/yr recoverable at $50M GWP — 2.5% industry benchmark
Reconciliation Cycle
Your quarterly close takes 6 weeks because 3 analysts are manually cross-referencing bordereaux against treaties in Excel. When the reinsurer disputes, the dispute cycle averages 14 weeks.
6-week close + 14-week disputes — industry baseline
Projected Outcome
What a validated quarterly close looks like.
Quarterly reconciliation
vs. 6-week manual baseline
Recoverable leakage at $50M GWP
2.5% industry benchmark
Post-submission disputes
With pre-submission validation
Row coverage
Every row, not spot-checked totals
Manual baseline from insurer interviews across African markets. Industry leakage benchmark: 2.5% × GWP. Pilot validation in progress.
Who benefits
Every role in the decision. Served.
Chief Actuary
Every row validated. Exceptions only. One click to approve.
Bordereaux Intelligence + Treaty Validation
CFO
IFRS 17 audit trail. Leakage quantified. Sign with confidence.
Compliance Shield + Leakage Analytics
Head of Reinsurance
Zero post-submission disputes. Cedant exposure visible.
Treaty Validation + Leakage Analytics
CTO / IT Director
Regional data residency. API integration. Zero vendor lock.
Multi-Channel Ingestion + Audit Layer
External Auditor
Source policy to financial statement. One click.
Complete audit trail
The Solution
One platform. Every stage of the reinsurance back-office.
Quarter One
What changes in your first quarter.
Week 1
Bordereaux formats normalised automatically
Week 2
Treaty clauses extracted and applied to every row
Week 3
Leakage exposure quantified by error category
Week 4
First validated submission — zero manual reconciliation
Quarter 1 outcome
- Quarterly close target: < 3 hours (vs. 6 weeks)
- Every row validated (vs. spot-checked totals)
- IFRS 17 audit trail active from day one
- Leakage exposure visible before submission
Based on platform architecture and pilot assessment methodology.
IFRS 17
The standard is live. Your bordereaux process needs to be auditable.
CSM calculated from validated bordereaux — not unaudited spreadsheets
Prior period restatement risk eliminated at the data layer
Every transformation logged — one click for the external auditor
Regulatory Coverage
Every framework you operate under. Covered automatically.
The Path
From discovery to production in four weeks.
Day 0
Discovery
Technical brief. Architecture. IFRS 17 approach. Everything your CTO and Chief Actuary need to evaluate.
Week 1
Assessment
One quarter of bordereaux data. We return leakage quantification, treaty gaps, and compliance exposure.
Week 2
Pilot
20 minutes using your actual data. Projected leakage, treaty gaps, compliance exposure — specific to your operation.
Week 4
Production
First validated quarterly close on CedeOS. Target: under 3 hours. Full audit trail for external review.
Get started