OneShield, Inc., the developer of OneShield Dragon, a policy management solution, announces a strategic partnership with Brovada Technologies, which enable the integration of their insurance-focused products. The partnership will allow North American insurers to leverage Brovada's portal alternative solutions to drive straight-through processing for real-time transactions with Dragon's policy management capabilities.
"Combining the capabilities of Brovada's portal with Dragon's policy management capabilities will deliver measurable benefits including improved ease of business for brokers and agents and increased underwriting efficiency," says Liza Smith, general manager of global strategy for OneShield. "Standardized integration points offer a powerful starting point for carriers to reference, enhance or modify to meet their needs and we feel confident that working together, OneShield and Brovada can help carriers realize faster speed to market with improved service levels."
OneShield Dragon is a tools-based, data-driven insurance underwriting, policy administration, rating and workflow system for personal, commercial, and specialty lines of business.
"We are very excited about adding OneShield to our list of growing strategic partnerships," says Karl Greenlaw, founder and CEO of Brovada. "OneShield is a recognized leader in the policy management space and by leveraging our NexExchange portal alternative and conversion module insurers will gain great benefits as they leap into a modern era."
Brovada's NexExchange portal alternative is a company-side software solution that provides a Web-service interface to a carrier's policy administration system. NexExchange can be implemented either as a portal alternative or be used to provide portal automation. In either case, brokers and agents benefit by not having to re-key information they have already inputted into their agency management system. Brovada also has experience integrating to legacy systems and leverages the NexExchange conversion module to assist with data cleansing, conversion, and migration for policy replacement initiatives.
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