October 4, 2011 by Canadian Underwriter magazine
Regina, SK and Saint John, NB – September, 2011 — SGI CANADA is pleased to announce the launch of Brovada’s NexExchange Solution beginning with a broker pilot in its subsidiary operations, The Insurance Company of Prince Edward Island (ICPEI). The initial launch will offer auto new business upload with habitational new business capabilities following in early 2012. SGI CANADA will be expanding this solution to its Alberta brokers later this year.
Brovada’s NexExchange portal alternative is an award-winning solution that provides a streamlined workflow allowing SGI CANADA’s broker partners to submit auto new business directly from their BMS and issue that business in real-time. In addition to issuing and printing the policy, brokers will be able to select a payment plan and immediately provide customers with a payment schedule and billing documents.
SGI CANADA already offers real-time access to inquiry of policy, claims and billing details through Brovada’s NexCenter solution, as well as single sign-on to its portal. “The addition of new business upload is an extension of delivering solutions to brokers which are easy-to-use and integrate within their existing workflow,” said John Dobie, Vice President Canadian Operations. “By using industry standards, SGI CANADA can provide e-Business solutions to our brokers who are looking for ways to become more efficient in managing their business including sending new business directly without the traditional paper requests.”
“We are very pleased to add SGI CANADA to our growing list of NexExchange implementations,” said Karl Greenlaw, Brovada’s Founder and CEO, “SGI CANADA sees great value in offering a once and done solution and this approach aligns with the desire of the broker community as was clearly indicated in our recent broker survey.”
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 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.
For Further Information:
Senior Vice President of Operations Brovada 1-877-276-8232 ext. 8873 firstname.lastname@example.org
Kelley Brinkworth Manager, Media Relations