Binding Authority Compliance demo
Every bound risk checked against the binder: limits, territory, class, rate and aggregate, with breaches flagged the day they are found. 1:14
What the demo shows
An oversight solution for capacity providers that checks every bound risk against its binder.
Six agents map each coverholder's bordereau, read the binder into checks, test every line against every clause, search for written agreement and project the premium cap; each binder becomes a set of gauges with every risk a dot, and a breach opens on its clause beside the coverholder's own row. The head of delegated authority clears, refers or escalates.
Transcript
- Binding Authority Compliance checks every bound risk against its binder for capacity providers.
- Today, bordereaus are sampled by hand, so breaches surface at audit.
- Larkspur's September bordereau, 412 risks, each a dot on the gauges.
- Hover one risk, and it lights up on every limit, line, rate, territory, class.
- Replay the check. Every line against every clause.
- One dot lands outside the max line.
- 9.14 million. The clause opens beside Larkspur's own row.
- The referral was a question never answered.
- Nadia refers it to the program underwriter with the evidence attached.
- Every risk checked and breaches flagged the morning the file lands.
- Not audit. Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.