Toronto, ON (Mar. 2, 2026) – Brisc, an agentic AI platform built for insurance, has launched its Bordereaux & CashOps AI Agent, designed to help MGAs, carriers, and reinsurers automate premium reconciliation, cash application, and policy tracking from bound to paid.
The Agent replaces manual reconciliation processes with an automated, insurance-native workflow. It ingests bordereaux from Excel files, PDFs, CSVs, and email attachments, normalizes the data, validates records against expected contract values, and produces complete audit trails — achieving a 97%+ automated match rate.
“Premium bordereaux, claims bordereaux, and collateral reporting form the financial backbone of delegated authority programs,” said Sanjay Malhotra, CEO of Brisc. “As portfolios scale, the operational model must scale with them. The manual approach wasn’t built for the volume and complexity most insurers are managing today. We built this Agent to automate reconciliation at the source and give teams structured, continuous visibility into their cash and program performance.”
From Manual to Continuous Reconciliation
Reconciling bank transactions against bordereaux records, premium schedules, and claims settlements is one of the most labor-intensive processes in insurance finance. It delays cash application, diverts high-value talent into manual review, and exposes organizations to operational and audit risk.
Brisc streamlines the process end-to-end. Teams upload or connect bank statements and bordereaux files directly to the Agent, which ingests and normalizes the data automatically. Expected values are validated against contract terms, records are matched continuously, and exceptions are surfaced in a structured dashboard for review.
Every transaction is tracked from bound to paid, with matches, discrepancies, and resolutions documented automatically to create a complete audit trail.
Instead of reconstructing reconciliation at month-end, teams operate with ongoing visibility into reconciled, outstanding, and exception items — improving coordination across finance, underwriting, and leadership.
Addressing Hidden Exposure
While the operational cost of manual reconciliation is measurable, the risk often remains less visible.
Policies that are bound but unpaid can create financial and legal exposure if a claim occurs. Without systematic tracking from bound to paid, unpaid premium can remain undetected.
In one multi-year reinsurance program review, Brisc identified systemic data quality issues that led to a 12% uplift in true profitability once corrected — underscoring how reconciliation impacts underwriting performance and portfolio results, not just back-office efficiency.
Built to Scale
Brisc deploys in 2–4 weeks without requiring system replacement. The Agent works with existing bank feeds and bordereaux exports, scales with premium growth, and delivers measurable operational savings without increasing headcount.
Learn more about Brisc’s Bordereaux & CashOps Agent or book a demo to see how it works.
- Learn more about Brisc in the InsurTech Spotlight.
About Brisc
Brisc is an agentic AI platform built by insurance veterans to accelerate operations and help insurers grow premium faster, retain more business, and expand margins. Brisc’s specialized AI agents tackle the operational bottlenecks that limit growth, including submissions intake, claims management, and bordereaux reconciliation. For more information, please visit https://brisc.ai.
Source: Brisc
Tags: Artificial Intelligence (AI), automation, Bordereaux, Brisc AI, chatbot, InsurTech, InsurTech Spotlight, virtual assistant
