Missing important
deadlines?
Manually processing Lloyd’s bordereau reports can be painstaking and prone to error. But if you waste time sending them across, it can be costly. You can face big fines and risk getting worse terms for future business.
When you need
on-point bordereau, get LIBRA
LIBRA is the only standalone contract compliance and bordereau production tool for the Lloyd’s Delegated Authority market. It allows you to send a timely, reconciled, and complete bordereau report – validating all your data against Lloyd’s contract rules and caps.
On time, every time
Just like that, you remove long hours spent managing the Lloyd’s rule management, data standards, and contract compliance. Everything’s automated, and you never have to worry about missing a deadline ever again.
Streamline your approach
LIBRA’s rule engine transfers Lloyd’s written contract rules into a digital format and validates risk data against them. You can fetch risk data from your policy management solution, correct and enrich it, then allocate it between different contracts and syndicates.
Fit it around your risks
You’re able to input underwriting rules, limits, and restrictions (like excluding certain counties or states), minimum rates per class or territory, excluded classes and more. Plus, you can monitor aggregate availability and premium income levels in real-time.
