Distributed Data/Program 
Bordereaux Management Workbench (DDW)

DDW delivers the full end-to-end needs leveraging OWIT’s Insurance Data Management (IDM) and Insurance Process Management (IPM) to support:

Bordereaux/Program & Binder/Contract Management

Simplifies the creation, distribution, absorption, and analysis of bordereaux data while delivering significant time savings and dramatically improving efficiencies and data accuracy. Orchestrates the bordereaux process, monitoring submissions, and reconciles data across premium, cash, and claims submissions. Binder/Contract Management enables the creation, control, and configuration of the binder/contract terms which can then be used to validate incoming records at time of processing, including aggregation. 

LEARN MORE

DDW Key Features:

Underwriting strategy, partner evaluation and portfolio management/modeling, combined with cooperate governance and compliance
Partner distributed data and off boarding/run off with auditing and digital content management
Delegated Authority data ingestion and integration, including London Market systems. Push and pull data, APIs, real-time
Binder/contract terms validation against incoming bordereaux/data feeds, supporting lead and follow
Contract full lifecycle management, including inception, amendments, referrals, renewals and cancellations
Support for placement including PPL and Whitespace
Performance monitoring (changes and renewal) and scheduling of reviews  (period and annual), SLAs and KPIs
Workflow and task management with peer reviews
Pre-audit questionnaire library
Full suite of regulatory and risk reporting
Straight through processing
Risk qualification against underwriting guidelines
Data cleansing, validation, transformation and enrichment mapping
Agent/Partner portal for self-service, uploads and error correction
Multiformat file uploads
Premium/Claims & Cash supporting functionality, i.e., cash reconciliation
Configurable rules with different error stages