Broker facilities are now a core way of deploying capacity, with risks bound automatically on pre-agreed terms. You’re on risk the moment a broker binds.

But the data needed to understand what’s actually been written often arrives months later. By the time exposure reaches models and aggregation systems, teams can be three to four months behind live activity.

In that gap, visibility breaks down. Concentration builds unseen, portfolio views are partial, and oversight relies on information that’s already out of date.

Download the guide below to see what’s hidden between bind and bordereau, and how teams are getting ahead of the gap in practice.