Net remit accounting is not a standard. It is a choice that benefits the administrator. Every fee, reserve contribution, and adjustment that reduces your remittance is invisible until someone normalizes it.
A single portfolio audit typically identifies $200K to $5M in annual benchmark variances depending on book size.
Line-item comparison of what your administrator charges for cession, administration, and claims handling versus verified benchmark rates. Expressed in specific dollars.
Your captive's loss ratio benchmarked against verified industry data from Downey & Company and AM Best. Profitable threshold is typically below 60%. Above 80% is an underwater portfolio.
Missing audit rights, undisclosed fee schedules, auto-renewal without notice, and termination provisions that disadvantage the dealer. Surfaced from the agreement PDF.
No audit fee. We share in your savings. No retainer. No referral fees from your administrator.
One-time audit covering current agreement, four quarters of cession statements, and full Benchmark Grid comparison. Sift Report Card delivered within 5 business days.
We only earn the contingency when Sift findings translate into renegotiated dollars in your captive. We are paid because you are paid.
Continuous ingestion of every new cession statement and trust report. Quarterly Report Card refresh. Drift alerts when fees move outside benchmark bounds.
Sift normalizes documents across 9+ administrator format families. What takes manual auditors weeks, Sift delivers in days.
Send your administrator agreement. Module 0 contract scan runs automatically and flags disclosure deficiencies within 24 hours.
Sift ingests cession statements, trust reports, and remit histories. AI normalizes across formats and benchmarks against verified data.
Receive a Sift Report Card with specific line-item findings: fee schedule deviation in dollars, loss ratio benchmark, reserve adequacy, and contractual gaps.
$1.3M+
In savings identified across initial engagements
9+
Administrator format families normalized: GSFS, JM&A, Safe-Guard, Protective, TFS, and more
20+ yrs
Domain expertise in F&I reinsurance audits, encoded into the platform
Upload any administrator agreement. Findings delivered within 24 hours, including contractual gap analysis with no administrator cooperation required.
If the scan surfaces disclosure deficiencies or contractual gaps, a full audit conversation follows naturally.
Get Your Free Scan