Bordereaux, reconciliations and policy admin, run for your MGA.
We prepare your carrier reporting, keep premium and commission reconciled, and support policy and claims administration under your licence and authority, so your underwriters can spend their time on risk.
Start with a fixed price
Most clients begin with one of these. Each has a fixed scope and a fixed price, agreed before we start.
MGA Operations Audit
A diagnostic review of your bordereaux workflow, carrier reporting and reconciliations.
- Policy data flow and carrier reporting templates reviewed
- Premium trust and commission reconciliation gaps mapped
- Spreadsheet bottlenecks and manual data handoffs identified
- A clear operations map showing automation and QA opportunities
Next carrier deadline met
A fixed-price project that gets your next bordereaux submission out on time and validated.
- Risk, premium and claims bordereaux prepared from your source data
- Checked against the format your carrier requires
- A list of data gaps to fix at source
Reconciliations brought current
A fixed-price project that brings premium trust and commission reconciliations up to date.
- Premium trust account reconciled to the bank
- Commission statements matched to what you expected to receive
- Every open difference listed with its evidence
Have a specific backlog or custom system?
If your situation doesn't fit these standard scopes, we'll assess your accounts, backlogs, and software to define a tailored, fixed-price start.
Monthly packages
A fixed monthly fee covers an agreed volume, with a per-unit rate above it. Each package includes everything in the one before it.
Reporting
Your carrier reporting, prepared and checked every month.
- Risk, premium and claims bordereaux
- Carrier reporting packs
- Loss runs and loss-ratio reporting
Insurance Finance
Adds the reconciliations that keep money and records in step.
Everything in Reporting, plus:
- Premium, commission and broker-statement reconciliations
- Premium trust account reconciliations
- Insurance accounting
MGA Back Office
Adds day-to-day policy and claims administration support.
Everything in Insurance Finance, plus:
- Policy administration support, issuance, endorsements, renewals and certificates, under your licence and authority
- Claims file support, set-up, indexing and claims bordereaux
- Agency management system data kept clean
We work under your licence and authority
We prepare, check and administer. Decisions to bind cover, price risk or settle claims stay with you and your underwriters.
From rating workbooks to a tested rating engine
A Canadian commercial-lines MGA priced its business in Excel workbooks that had grown over many years. We rebuilt the rating logic as a tested calculation engine, built a web application on it for underwriters and brokers, and support the operations that feed it.
How each service works
Security, stated plainly
Our email, files and working documents are held in Google Workspace and protected by Google’s security controls. Google’s infrastructure is independently certified to SOC 2 and ISO/IEC 27001.
Those certifications cover Google, not Cuboid. Our own SOC 2 and ISO/IEC 27001 readiness work is internal, and we don’t hold either certification yet. Ask us where it stands and we’ll tell you.
Work on your books happens inside your own systems, under access you grant to named people, and you can withdraw it at any time.
Questions about insurance operations
Who is Cuboid’s insurance operations service for?
MGAs, coverholders, program administrators and agencies that need carrier reporting, premium and commission reconciliations, and policy and claims administration support.
Do you bind cover or adjust claims?
No. We work under your licence and authority: we prepare, check and administer, and decisions to bind cover, price risk or settle claims stay with you and your underwriters.
Which bordereaux do you prepare?
Risk, premium and claims bordereaux, prepared from your source data and checked against the format your carrier requires, with a list of data gaps to fix at source.
Can you reconcile premium trust accounts?
Yes. Premium trust account reconciliation is part of the Insurance Finance package, and overdue reconciliations can be brought current as a fixed-price project.
Have you worked with an MGA before?
Yes. We rebuilt a Canadian commercial-lines MGA’s rating workbooks as a tested rating engine and a web application for its underwriters and brokers, and we support the operations around it.
How every engagement works
- 01 · Diagnostic
Health check or fixed-price cleanup
We start with a diagnostic review or fix the immediate pain first: a backlog, an overdue reconciliation, or a carrier deadline, starting with read-only access.
- 02 · Automate
We automate the repetitive work
Capture, matching and posting standardized for your exact systems, and checked by two people before anything touches your records.
- 03 · Operations
We run it, you review it
A monthly package for your volume: a named lead, a second reviewer on everything, and a weekly report on what was done.