Watford, ON (Jul. 8, 2013) – Lambton Mutual Insurance Company is launching an automated new business submission process with Brovada Technologies Inc.
Leveraging Brovada’s NexCenter and NexExchange product suites, Lambton’s brokers will be able to deliver real-time new business submissions directly from their broker management systems (BMS) with the push of a button.
“We’re delighted with Lambton Mutual’s continued commitment to broker workflow efficiencies,” said Charles Samolczyk, Senior Vice President of Sales and Marketing with Brovada. “With the introduction of automated new business submission, Lambton’s brokers will enjoy significant time savings and productivity gains in their workflows.”
“After launching inquiry last year, this is the next logical step for our company given our commitment to enhancing efficiencies in workflow between our broker partners via technology,” said Debbie Van Eyk, President and CEO of Lambton Mutual. “We’re looking forward to rolling out the functionality to our remaining brokers within the next 12 months.”
NexCenter is the most widely used BMS integration software in Canada allowing for seamless communication between almost 13,000 brokers and 50 insurer systems. NexExchange provides customized carrier-side integration to any policy administration system.
Lambton and Brovada released real-time policy, billing and claims inquiry in November 2011.
About Lambton Mutual
Lambton Mutual Insurance Company is a property and casualty insurance company operating in Southwestern Ontario, writing $19 million in gross premium consisting of residential, automobile, farm and commercial premium. We are a member of the Ontario Mutual Insurance Association and Farm Mutual Reinsurance Plan Inc. based in Cambridge, Ontario. We are one of 44 purely mutual insurance companies operating in the Province of Ontario.
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. 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. Visit www.brovada.com for more information.