Money and data move together. Every premium tracked from broker to carrier. In real time.
What is BBNET
BBNET is how MGAs, brokers, and carriers transact with each other. It sits beneath existing policy, claims, and accounting systems. Premium, payment, and bordereaux data move between parties in lockstep.
Reconciliation is what happens when two systems disagree. On a shared layer, they don't.
What we believe
Today, money moves one way and data another. The bank statement says one thing, the policy system says another, the bordereaux get rebuilt at month-end from a third source. We believe these should be the same thing.
Every party in the chain has good systems inside their own walls. The problem is that nothing connects what happens between organisations. Solve coordination, and most of the work disappears.
Agents can't operate safely on email and spreadsheets. They need a shared way to communicate between parties, a shared record they can trust, and a security boundary that makes their actions accountable.
If a carrier's policyholder records are being processed by AI inside an MGA, the carrier should be able to see what happened. Visibility is the price of admission, not a feature.
The platform
Shared event log. Secure communication. Audit trail.
Every party in the chain operates from the same record. CPS 230 / 234 evidence as a byproduct, not a project.
AI scoped to a defined catalogue of actions.
Every action logged and visible to the parties whose data it touches. Extraction, matching, governed actions, and the agentic workflows the chain will need.
Products
Each product runs on the shared protocol and ledger. Everything connects.
Every remittance matched to the policy that produced it.
Confidence score and a tax breakdown on every line. AI is used for extraction and matching. Financial confirmation is always through the ledger, with full audit trail.
Not a month-end rebuild.
Carrier templates, custom formats, generated on reconciliation. Lloyd's, APRA, or your own template, all derived from the same shared record.
Authority limits, breach alerts, carrier portal, exposure by zone.
Oversight stops being retrospective. Every party in the chain sees the same numbers on the same day.
Request, invoice, receive, match, allocate, settle.
Money and data, end to end. Currently in build with early MGA partners.
Who it's for
Finance teams shift from chasing data to approving exceptions.
Learn moreBetter data flowing to carriers and reinsurers.
Learn moreCPS 230 / 234 ready. Bordereaux fixed at the source.
Learn moreWho we are
Re/insurance founders with a track record delivering tech into carriers, brokers, and MGAs. Backed by Antler, global early stage VC. Sydney based.
30-minute demo. Bring a remittance PDF. We'll show you it working live.
No spam. We'll reach out personally.