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FEATURES
  • Accept Acord 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
  • Increase underwriter efficiency by allowing straight through processing and focusing only on exceptions
  • Drive more business: increase the ease of doing business for your agents
  • Time to market: provide next generation services at a fraction of the time and cost of a new policy admin system or portal
  • Integrate disparate systems (new/old): leverage existing infrastructure and investment
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Provide real time connectivity to agents

Brovada NexExchange is a portal alternative at a fraction of the cost. Leverage your existing policy admin system (PAS) or portal solution with a web service interface for real time transactions, including real time policy change upload and download, new business, inquiry, and portfolio transfer.
MODULES
'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.
Portal Automation
This module allows for an insurer's current web portal to be "wrapped" by a web service, providing the same user experience as a true web service interface.
Agent Connectivity
Allows insurers to accept data directly from their agents' management system and drive straight through processing to web portals, web services, and legacy systems. Agents don't need to re-key their data into the portal. All transactions are supported including new business, policy change, quoting and inquiry.
Policy Admin System Modernization
Revitalize your existing legacy PAS (including green screens) by wrapping it in a web service interface, quickly and efficiently.
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, connecting any disparate systems.
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, acquisition, or a new PAS.

NexExchange diagram