How Pen Underwriting Cut Bordereaux Processing Time by 94% with Verodat
The Results:
📉 94% Faster Processing – Reports that took hours now run in minutes
📈 Enhanced Transparency – Improved visibility & understanding of partner data
🔒 Governed Data Management – Eliminated bottlenecks & ensured compliance
👨💼 Empowered Users – Business teams can process data with just a few clicks
👉 Want to eliminate manual data headaches?
💬 Let’s talk about how Verodat can streamline your data operations.
The Client:
Pen Underwriting, a virtual insurer, manages over 500 cover holders and processes 400 bordereaux reports monthly. However, inconsistent data formats and manual consolidation caused inefficiencies and delays in reporting.
By adopting Verodat’s data supply chain management tool, Pen Underwriting transformed its data preparation process, achieving:
✅ 94% faster bordereaux processing
✅ Automated data consolidation across systems
✅ Improved transparency & governance
The Challenge:
Partner systems generated bordereaux reports in varied formats, creating operational overhead for the operations team.
- Significant delays in formatting & consolidating data
- Inconsistent data structures affecting downstream processing
- Slow market response times due to inefficient data handling
The Solution:
Pen Underwriting implemented Verodat to standardize and automate data workflows:
🚀 End-to-end data preparation in one platform
🔄 Automated data collection, cleansing & transformation
📊 Integrated partner data into downstream systems
Key Features:
✅ Built-in mapping for governance rules & auditability
✅ Data enrichment for smarter business decisions
✅ Self-service automation—reducing IT dependency
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