Brovada
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FEATURES
  • Accept XML and AL3 data out-of-the-box
  • Allows for ease of deployment as a standards-based solution
  • Includes regular updates to both the software and standards
BENEFITS
  • New lines of business and transactions can be incorporated efficiently with little insurer involvement

Provide real time connectivity to brokers

Brovada NexExchange is a portal alternative at a fraction of the cost. Leverage your existing PMS or portal solution with a web service interface for real time transactions, including real time policy change upload.
MODULES
Agent Connectivity
Allows insurers to accept data directly from their agents and drive straight through processing to web portals, web services, and legacy systems. All transactions are supported including new business, policy change, quoting and inquiry.
Rollover
Quickly move a portfolio in an unattended manner. The agent’s data is collected based on the insurer’s specific criteria and is pushed directly into the insurer system.
Conversion
The Conversion Module allows the insurer to translate incoming data streams to differing formats for integration to disparate systems. This module can be deployed quickly to assist migration activities due to a merger or acquisition.
Legacy Integration
This module allows the insurer to harness the power of their legacy systems. Through custom-built adapters, NexExchange can allow for straight through processing to and from the insurer's legacy system.
'Once and Done' Portal
An award-winning streamlined portal that provides an alternative to the traditional portal approach. Agent workflow is optimized by focusing on a single exceptions page as opposed to navigating multiple screens.

NexExchange diagram