Built for MGAs & Lloyd's coverholders

Software that checks your monthly bordereau against the binder and finds the commission you're leaking.

Catch errors before your carrier does.

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01 Validate every line against the binder, to the penny
02 Produce the carrier's exact format in minutes
03 Reconcile every statement, line by line
04 Recover the commission you're owed

Before you send your monthly bordereau to the carrier, we'll tell you what's wrong with it.

From flagged to fixed

The morning of the deadline, in three screens.

1 · Flagged
Validation stops one line
AUR-2026-00214 Canyon Ridge Builders
Commission 20.0%
Below binder rate
2 · Evidence
The claim comes with receipts
Binder B0417-AUR says22.5%
This line reported20.0%
You'd be short$540.00
row 4,117 of august_bdx.xlsx
3 · Cleared
Fixed before anyone saw it
Re-validated clean
Lines12,847
Blockers0
B0417_premium_aug2026.xlsx · ready to send

Month-end, both ways

The spreadsheet way

  • Export, then re-shape columns by hand for each carrier
  • Eyeball totals; hope the binder rules hold
  • Copy-paste errors surface as carrier queries
  • Statements filed unreconciled
  • Shortfalls found never, or by accident
  • Audit trail: whoever remembers
Month-end

With NorthThread

  • Map columns once; every month after runs itself
  • Every line checked against authority, classes, territories
  • Commission arithmetic ties to the penny, or it's flagged
  • Statements reconciled line-by-line in minutes
  • Shortfalls surfaced with evidence attached
  • Append-only audit log of every action

What's leaking through your statements?

Short-paid lines, missed endorsements, policies that never make the statement at all. Pick your own numbers and see what a small leak costs over a year. Illustrative arithmetic, your assumptions.

Commission at risk per year
$0
about $0 every month

NorthThread starts at $400/month and reconciles every statement, every month, with the evidence to chase what's missing.

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Built for delegated authority, not adapted to it

NorthThread speaks bordereau, binder, and capacity provider, because that's who it's for. Lloyd's CRS v5.2 is built in alongside custom carrier templates. The checks below run on every single line, every single month.

A finance manager should be able to stand behind every number. That's why originals are immutable, every action is audited, and any figure drills down to its source row in two clicks.

Premium within binder authority
Class of business on the allowed list
Territory on the allowed list
Required fields present per binder
Commission = gross × binder rate
Net ties to gross minus commission
Duplicate policy lines caught
Dates sane and inside the period
Currency mismatches flagged, never converted
Header drift detected before it corrupts a month

Two-factor for every user

TOTP enforced at sign-in. No opt-out, because this is financial data.

Append-only audit log

Uploads, mappings, waivers, downloads: recorded forever, deletable never.

Your data stays yours

Encrypted storage, strict tenant isolation, self-serve export, signable DPA.

No AI in the monthly run

AI suggests the one-time mapping; a person confirms it. Month-end is deterministic.

The next statement is coming either way

Set up a binder, upload one month's export, and see your own numbers in the delta strip before the next deadline.

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