Real-time electronic trading and broker connectivity
BrovadaOne for Insurers enables you to provide real-time connectivity to brokers using any policy administration system (PAS), regardless of whether you already use a portal or not.
Bridging the communication gap is what we do.
BrovadaOne’s API integration for real-time transactions – new business submissions, inquiries, policy changes – provides an alternative to conventional portals with numerous advantageous capabilities.
Real-time integration
BrovadaOne supports real-time integration with insurer systems to support single sign on, policy, billing and claims inquiries, new business submissions, and policy changes.
Workflow automation
Streamlined workflows, data validation and rules processing simplifies the broker experiences and maximizes straight-through processing.
API integration
Web services enable integration from various connectivity solutions and broker management systems.
Industry data standards
BrovadaOne leverages CSIO data standards to drive consistency across broker and insurer systems.
Real-time transactions for the real world
By automating your current processes and data requirements, BrovadaOne ensures streamlined underwriting workflows, advanced exception management and minimal navigation.
From quoting to renewal reviews, we empower brokers to electronically interact with you throughout the policy life cycle.
Automates the submission process and dramatically reduces processing time. It helps ensure submissions are complete and accurate; provides real-time rating and submission confirmation; includes dynamic, new-business-specific workflows, forms and data pre-validations; and helps ensure scalable integration to your new or legacy PAS.
Makes a secure, real-time snapshot of the policy, billing and claim data in your PAS possible.
Enables cost-effective, simple and quick real-time policy change capabilities to your broker distribution channels. Newly changed broker data can be compared against data in your PAS, with brokers confirming the change prior to submission and minimizing the risk of inadvertently overwriting valid data in your system. The transaction has an exception-based underwriting workflow, keeps consistent records of every policy change, includes dynamic messaging and reduces overall transaction time to 10 seconds. This enables multiple changes per transaction and issues a single invoice per transaction.
Enables brokers to submit first notice of loss transactions in real time, directly to your claim system, expediting the claims process and reducing claim adjustment handling times.
Helps ensure streamlined underwriting workflows, advanced exception management and minimal navigation. From quoting to renewal reviews, BrovadaOne enables brokers to interact with you throughout the policy life cycle.