Vader provides an AI‑driven platform that automates the back‑office processing of insurance documents such as slips, endorsements, and treaties for reinsurers, MGAs, and brokers. By reading, checking, and filing each file, the system eliminates manual re‑keying and enables firms to scale their underwriting volume without adding headcount, with document validation completed in minutes.
Funding
Funding not disclosed
Founders
Product
Problem
Reinsurers, managing general agents (MGAs), and brokers must manually ingest, validate, and file large volumes of slips, endorsements, and treaty documents. This manual process is time‑consuming, error‑prone, and requires additional back‑office staff as business grows.
Solution
Vader offers an AI‑driven back‑office platform that automates the entire document workflow for reinsurance transactions. The system ingests PDFs, DOCX, and XLSX files, parses them twice, and uses a third‑pass conflict resolution to extract and validate key data fields. Extracted information is automatically checked against compliance rules (sanctions, financial strength, premium warranties) and stored in a centralized ledger. The platform then files the validated records, tracks their status through underwriting review, and logs all actions for auditability, enabling underwriting teams to focus on deal making rather than data entry.
Target Audience
Primary customers are reinsurance carriers, managing general agents, and insurance brokers that process high volumes of underwriting documents.
Features
- Dual-pass AI parsing with a third‑pass tiebreaker to ensure data accuracy across slips, endorsements, and treaty wordings
- Automated compliance checks (OFAC, UN, EU sanctions; insurer financial ratings; premium payment warranties)
- Real‑time audit trail that records every document interaction on a blockchain‑style chain
- Integrated intake via email, web upload, and API for bulk file submission up to 50 MB per document
- Dashboard for underwriters to review extracted fields, approve or reject, and add comments
- End‑to‑end tracking from document receipt through payment reconciliation and receipt logging