🚀 Bordereaux Processing Is Broken — Here’s How We’re Fixing It

In traditional insurance workflows, growth comes at a cost.

Winning more business means more binders. More binders mean more time spent gathering, structuring, and submitting data. For most insurers, that either means:

Hiring more admin staff
Paying external service providers per binder
Or purchasing software that still prices based on volume

In every one of these models, the cost of success increases with scale.

At Verodat, we do things differently.

💡 Why Verodat’s Pricing Wins:

No per-binder fees — scale without added cost
One setup = unlimited automated workflows
Governance and auditability built-in by default

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💡 The Problem with Traditional Bordereaux Pricing

Most vendors in the bordereaux space price by:

Number of binders
Number of submissions
Or total volume processed

That might make sense for outsourced manual work—but not for automated, governed data processes.

When your pricing is tied to volume, you’re disincentivized to scale.

✅ The Verodat Model: Disruptive by Design

Verodat’s pricing flips the industry standard on its head.

We price based on value delivered, not the number of binders processed. That means:

More business doesn’t mean more cost
Automated processes are repeatable with zero incremental admin
Your cost-per-use-case decreases as you grow

This isn’t just cost-effective—it’s operationally scalable. One client processes dozens of bordereaux submissions without any offshore support or added headcount.

They didn’t have to hire.
They didn’t have to pay by binder.
They just turned on Verodat—and scaled.

🔁 What It Looks Like in Practice

Verodat automates the entire bordereaux workflow:

Ingests raw claims and premium data
Structures it according to each binder’s specifications
Pushes final outputs to systems like VYPR
Tracks all changes and submissions for full auditability

This same flow runs on a schedule, with no human intervention.

And because the infrastructure is already in place, adding a new binder doesn’t increase the workload or the price.

🔐 Governed, Compliant, and Audit-Ready

Every data point in Verodat is:

Traceable
Validated
Governed

No more spreadsheets passed between teams.
No more manual cut/paste.
No more scrambling for audit evidence.

With Verodat, you don’t just get automation.
You get governance and compliance by default—something few vendors offer.

🧠 Why It Matters Now

With rising regulatory scrutiny and tighter margins in insurance, every efficiency gain matters.

Our pricing is aligned with your growth, not stacked against it. It empowers underwriting and operations teams to scale faster, at a lower cost, and with better data.