Toronto, ON (Feb. 28, 2013) – SGI CANADA has successfully launched real-time policy change upload using Brovada NexExchange.
By integrating Brovada NexExchange to SGI CANADA’s policy administration system, brokers are able to launch auto policy changes from within their broker management system (BMS). The streamlined workflow provides brokers with the ability to submit the changes in real-time and allows the opportunity for the broker to confirm both the changes and the updated premium prior to submission.
The Brovada approach to policy change has a number of unique advantages:
- Seamlessly supports all of the major BMS platforms
- Allows brokers to submit multiple changes in a single submission
- Performs a real-time comparison to protect the system of record and minimize E&O exposure
“We are committed to our broker partners and strive to provide them with solutions that will ensure they remain competitive,” said Andrew Cartmell, President and CEO of SGI CANADA. “Response from our brokers has been very positive.”
Officially released on January 13th, auto policy change represents the latest project in an ongoing effort between SGI CANADA and Brovada to provide brokers with ‘Once and Done’ workflows.
“I’m proud of the solution we’ve brought to market,” said Karl Greenlaw, Founder and CEO of Brovada. “It has been a great experience working with SGI and we’re excited by the broker adoption and feedback.”
NexCenter is the most widely used BMS integration software in Canada allowing for seamless communication between almost 1000 brokerages and 50 insurer systems. NexExchange provides customized carrier-side integration to any policy administration system.
About SGI CANADA
SGI CANADA has been in business for more than 60 years, selling property and casualty insurance in seven Canadian provinces. It operates as SGI CANADA in Saskatchewan; SGI CANADA Insurance Services Limited in Alberta and Manitoba; Coachman Insurance Company in Ontario; and the Insurance Company of Prince Edward Island (ICPEI) in New Brunswick, Nova Scotia and Prince Edward Island. Visit SGI CANADA at www.sgicanada.ca. Saskatchewan Government Insurance (SGI) is the province’s self-sustaining auto insurance fund.
Brovada Technologies Inc. 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. Its expertise is often sought by leading insurers to expedite the transition of data between systems. Brovada’s products result in substantial Return on investment (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, ON and Moncton and Saint John, NB. Visit www.brovada.com.