For binders and coverholders
Binder management software for coverholders and delegated authority.
A binding authority agreement creates a long tail of work: risks bound, bordereaux due, premium to remit and claims to advise. SARBOnline tracks each agreement end to end.
Every binding authority agreement in one place
- Agreement details: capacity provider, classes, territory, limits, period and commission
- Risks bound under the agreement, with premium allocated automatically
- Bordereaux due dates, with reminders before each one
- Premium remittances tracked against each provider's statement
- Claims advised and settled under the right agreement
Bordereaux without the spreadsheet chase
Premium and cash loss bordereaux can be imported from Excel using sample templates, validated, and posted to the accounts in one step. Outgoing bordereaux are produced from the risks already in the system, so the figures match the ledger.
Renewals and reminders
Binders expire on fixed dates. The renewals dashboard lists every agreement by days to expiry, and reminder patterns warn the team in time to renegotiate terms with capacity providers.
Questions
Frequently asked.
What is a binder?
A binder, or binding authority agreement, lets a coverholder or MGA accept risks on behalf of an insurer or reinsurer within agreed limits.
Can SARBOnline import bordereaux from Excel?
Yes. Proportional, non-proportional and cash loss bordereaux can be imported using the provided Excel templates.
Does it track remittances to capacity providers?
Yes. Premium due and remitted is tracked per provider and appears on each provider's statement of account.
See SARBOnline on your own business.
Bring a live slip, a treaty statement or last quarter's collections. We will walk it through the system with your team, in your time zone.