A Legacy of Trailblazing Leads to Elusive Treasure

Brovada presents the first real time endorsement upload that provides feedback such as premium and rating information - with no portals required. It’s the Holy Grail insurance has been looking for.

Brovada is a company of firsts and is committed to pushing the limits of technology.

Brovada Nexisys provided the first real time automated upload to company portals 5 years ago. It has since become the leader in connectivity for brokers providing over 500 brokerages: single sign-on, inquiry, new business and endorsements.

Brovada NexQuote was the first real time new business and quoting solution without a portal that ran directly from the BMS; obtaining rates directly from the insurer.

Brovada Nexpedite is the first and only solution that allows brokers to create their own scripts against company portals; eliminating the need to rekey data when played back through Nexisys.

Brovada NexExchange is the first and only connectivity solution that can be implemented within the insurer’s infrastructure to provide real time endorsement upload without the need to use a portal. It also supports portfolio transfers; portal automation; system conversion; and system integration to policy admin systems using screens, API’s, databases, or MQ interfaces. The portal automation feature allows companies to put their portal into overdrive by providing a system standardized upload feature using Acord or CSIO standard web services.

*The success of NexExchange has far exceeded our expectations. Several implementations are underway today that will put these customers in an envious position of being the first to provide real time upload without a portal or locally stored rating information. Stay tuned for the announcements over the next few months.

Brovada is a business that has focused solely on solving these broker connectivity issues. With five years of experience and success under our belts, we’ve solved problems others haven’t even contemplated yet.

Industry-led groups have presented solutions based on a difficult to implement collective effort. Sounds great but in reality it’s like herding cats. And following the letter of the law laid out by the standards bodies is an onerous task. It would require: strict adherence, multimillions of dollars in changes, and a concerted implementation by the industry. Does that sound familiar? It should. It was called Syncron initially and then the CSIO portal the second time around.

While we support the goal of these initiatives, we opted to skip the collective effort and make existing systems work in a collective manner.

As we chart the future we will continue to bring solutions that solve the unsolvable and pursue opportunities for our customers that set them above their competition. We are thrilled to have found the Holy Grail and we hope everyone is able to drink from it. Long live innovation!