Who wants cake?

Five years seems to have flown by. Brovada’s inaugural year coincided with the birth of my second child or my princess as I refer to her. I find that as she has grown over the last 5 years, Brovada has grown in similar ways.

Being a second child, she benefited from having parents already seasoned to help her grow. Likewise, Brovada benefited from following in the footsteps of the CSIO portal. Armed with the lessons learned by the industry in this first attempt, this was when we joined the race to provide real-time broker connectivity.

The portal's pitfalls, shortcomings, and eventual demise showed the industry that in order to realize real-time connectivity a successful solution would need to be less grandiose, able to bridge political and technological differences, and incrementally implemented.

Brovada successfully developed Nexisys utilizing this strategy and this product has since been adopted by over 250 brokerages and over 40 different connections to insurance company systems. Although the portal eventually ended it served an important step towards the seasoned real-time connectivity industry we enjoy today.

The need to have competition was one of the greatest lessons learned from the portal. From the competition came new innovations, improved transaction workflows, and cost effective solutions. Brovada has thrived in this environment of competition. We uniquely provide real-time endorsements, completely automated uploading, commercial and personal lines transaction support, and provide the base Nexisys product free of charge to our brokerage customers.

The last 5 years has been great and we’d like to thank all of our customers for making our success possible. I’m honored to have built up close relationships to a wide variety of respectable individuals in the industry within both insurance companies and brokerages alike. These relationships provide me with an invaluable knowledge of the pulse of the industry.

As we start into the next phase of our growth together I would like to use this forum to provide this information in a way that will better inform you as to how the industry is evolving, the effects to you and how we will assist you in harnessing these changes. In other sections of this newsletter you will receive information about our latest product changes or additions, helpful tips on using our products and other informative items. Please provide any feedback you may have to improve this newsletter. We hope you enjoy this service and we look forward to providing it to you on a monthly basis.

No one loves a birthday party more than my princess so as I finish this article and prepare to head home I’m reminded that having told her this morning that it was Brovada’s birthday that I need bring home a cake tonight. She’ll be expecting it :) Being 5 years old is great!!