Mississauga, ON, (January 24, 2011) – York Fire & Casualty Insurance Company (“York”) announces the launch of their most recent Broker connectivity solution for New Business Upload, Endorsements and Policy Inquiry. York has been working closely with Brovada Technologies Incorporated (“Brovada”) to bring this functionality to market and participating brokers are excited about what they are seeing.
Integrating Brovada’s NexCenter product with York’s web portal allows brokers to perform real-time transactions directly from their broker management system. NexCenter includes an Insurer Connectivity module, formerly known as Nexisys, that connects broker management systems to insurer systems for real-time processing of Inquiry, New Business and Endorsement transactions.
This achievement demonstrates York’s ability to deliver leading-edge functionality to the broker community. “We are excited to be working with York and are confident they will see immediate returns as they eliminate the need for brokers to re-key data” says Michael Wright, Senior Vice President of Operations for Brovada.
“We understand the competitive market our brokers face and we are firmly committed to finding “ease of doing business” solutions to help them successfully compete and grow their businesses,” said Martin Delage, York’s President and COO. “It is an absolute priority within York to listen to our Broker Partners and provide them with technology tools that are easy to use and assist them in serving their clients.”
Brovada is a software provider specializing in business process integration, system conversions, legacy system integrations, and broker connectivity. Brovada has extensive knowledge of the standards within the insurance sector and its expertise is often sought by leading insurers to expedite the transition of data between systems. Brovada’s products result in substantial ROI for existing systems by harnessing their existing business logic and by supplementing them with needed functionality in a cost effective manner. Brovada has offices in Toronto, Moncton and Saint John, NB.
For more information please visit www.brovada.com
ABOUT YORK FIRE & CASUALTY INSURANCE
York Fire & Casualty Insurance Company was founded in 1955 and since October 2008 is a subsidiary of La Capitale General Insurance, a major property & casualty insurer ranking amongst the top five largest in Quebec. From its head office in Mississauga, Ontario, York offers insurance to protect consumers’ homes, cars and businesses. As of March 2009, York has expanded its product lines to include surety products in both the contract surety and commercial surety markets. York distributes its products through a network of brokers throughout Ontario and strongly believes in the value that an independent broker brings to the insurance transaction. York is committed to working with brokers to preserve and strengthen their role in the distribution of Property & Casualty products in Canada.