Streamline delegated claims management with expert oversight
The manual management of high-volume bordereaux data creates significant exposure to accuracy issues, regulatory risk, and process bottlenecks. For carriers and managing agents, this friction slows speed-to-market and complicates governance.
Velonetic’s delegated underwriting services, powered by Bindercloud, offer a secure, cloud-based managed service that radically simplifies this landscape. We provide a single repository for risk, premium, and claims data, ensuring seamless processing and data integrity.
Market impact at scale
We provide the infrastructure for efficient delegated authority business.
Technology-led efficiency
We combine advanced technology with managed services to deliver a "clean pipe" of data to your core systems, acting as the bridge between technology and market expertise. Our service allows you to scale your binder business without scaling your headcount.
Automated validation & transformation
Bindercloud features automated tracking, chasing, and validation of bordereaux. By validating data at the point of bind, we reduce downstream queries and potential claims disputes, ensuring high accuracy of the data entering your ecosystem.
Enhanced governance & auditability
Regulatory compliance is non-negotiable. Our platform provides a fully auditable, interactive workflow with permission-controlled access. This ensures that every stakeholder has the right access at the right time, enhancing operational governance and satisfying regulatory requirements.
A single source of truth
Eliminate version control issues. A single shared repository provides timely, consistent data to all relevant parties—brokers, carriers, and third parties. This transparency accelerates the settlement process and strengthens partnership trust.
Explore our claims services
Transform your operations
Discover how BinderCloud and our managed services can streamline your delegated underwriting.
