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NexExchange

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 endorsement upload.

MODULES

Broker Connectivity
Allows insurers to accept data directly from their brokers and drive straight through processing to web portals, web services, and legacy systems. All transactions are supported including new business, endorsement, quoting and inquiry.

Rollover
Quickly move a portfolio in an unattended manner. The broker'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.

Portal Automation
This module allows for an insurer's web portal to be "wrapped" by a web service, providing the same user experience as a true web service interface.

 
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


CLIENTS