Grenville Mutual Insurance Company Delivers New Business Upload with Brovadas NexExchange

Spencerville, ON – August 18, 2011 – Grenville Mutual Insurance Company is pleased to announce the successful pilot launch of their new business automobile upload on July 8th (2011). This functionality provides Grenville’s brokers with a significant efficiency gain allowing them to complete a new business submission in less than 3 minutes. Taking only 7 months to build, Grenville is extremely pleased with the speed at which Brovada and MCCG were able to take this phase to market as well as the positive broker feedback the solution is garnering.

“We’re committed to our broker partners.” says Ross Lincoln, President and CEO of Grenville Mutual. “We launched download eight years ago and it was time to provide more. With that in mind we launched Inquiry in 2010 and New Business in 2011. We’ve built a lot of momentum and are excited to keep adding to the functionality.”

With new business automobile upload now successfully deployed, Grenville will plan for the future launch of agribusiness inquiry and residential new business upload later this year.

“It’s great to be able to provide Grenville with an industry-leading solution bringing their connectivity ahead of many of Canada’s tier-one insurers”, says Charles Samolczyk, Vice President of Product Sales with Brovada. “As our recent survey of more than 700 brokerages clearly states, brokers will write more business with insurers that support ‘once and done’ systems. Grenville realized the importance of this investment and understood that brokers did not want any more portals.”

Grenville, Brovada and MCCG have worked collaboratively from the start to ensure the functionality was brought to market in a timely and stable fashion. 

“MCCG has built the IBS Insurance Gateway to guarantee we our meeting our clients’ needs for web connectivity through third party vendors like Brovada, while ensuring their data remains protected within the IBS environment.  MCCG remains committed to our clients and meeting their developing business requirements in the insurance industry.” Says Frank Barretto, President and CEO of MCCG.

About Grenville

Grenville is a proud member of the Ontario Mutuals group of companies. We have served Eastern Ontario since 1892 working from our office in Spencerville Ontario, just 30minutes south of Ottawa, the nation’s capital. We believe that investing in advanced technology solutions and efficiencies will allow us to further develop our many personal service initiatives over the coming years as we continue to grow in the agricultural marketplace. Grenville seeks to ensure we are in position to take advantage of any future business opportunities. Visit us at www.grenvillemutual.com.

About Brovada

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. www.brovada.com

About MCCG

MCCG is an innovative software provider that has a fully integrated insurance back office solution (IBS) successfully implemented in a number of Mutual Insurance Companies across Canada. MCCG has a proven track record that can be attributed to a focus on client requirements and product quality. MCCG, established in 1993, is wholly owned by Canadian Mutual Insurance Companies with the mission of providing comprehensive and flexible solutions for its clients. For more information visit www.mccg.net.

For further information, please contact Charlie Samolczyk at 416.388.4137 or charles.samolczyk@brovada.com.