Pembridge Launches Next Phase of Broker Connectivity

Markham, ON – April, 2012 – Pembridge Insurance Company announces today the launch of Broker Connectivity Property Upload, the third phase of a joint venture with Brovada Technologies that offers real-time transactions aimed at improving broker workflows.

In this phase, brokers using Power Broker, sigXP® and Cim-Data broker management systems are able to upload new business applications for homeowners, tenants and condos.

Over the past year Pembridge has delivered inquiry and upload functionalities. Broker Connectivity upload allows brokers to begin and end a new business transaction in their own broker management system, ensuring a straightforward approach for Pembridge brokers and significantly enhanced customer experience. In response to the needs of their brokers, Pembridge has become one of the first insurers that doesn’t require the use of a portal.

“At Pembridge we are committed to further expanding the capabilities of our Award-Winning Broker Connectivity Solution. We’re pleased to further expand our brokers upload capabilities to include Property New Business and provide our brokers a more efficient workflow,” said Bob Tisdale, President & COO of Pembridge Insurance Company.

 Jaleh Ghaemi, Office Manager from insure.ca o/b Belpac Capri Insurance Brokers Ltd., states the solution is “Fantastic! So fast and user friendly, a real time saver. It is nice that the same functionality is transferable between the auto and property upload solutions.”

Brovada’s Broker Carrier Connectivity solutions connect broker management systems to insurer systems for processing inquiry, new business and policy change transactions all in real time, eliminating the need to re-key data.

“It’s a pleasure working with Pembridge as they continue to enhance their connectivity offering. They are leaders in the ‘Once and Done’ broker integration community and we look forward to working together to bring new innovations to market.” states Karl Greenlaw, Founder and CEO of Brovada.

About Pembridge:

Pembridge Insurance Company offers a comprehensive range of insurance products and exceptional customer service with the support of our dedicated, independent broker network. Pembridge’s broad suite of products are designed to meet the specific needs of Canadians at competitive prices including; auto, home, condo, tenant and coverage for specialty products including ATV’s, motorcycles, snowmobiles and boats. Visit www.pembridge.com to find a broker near you.

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

Contact:

Tony Irwin, Corporate Relations Pembridge Insurance Company  905-475-4589

Charles Samolczyk, VP Insurer Sales Canada Brovada Technologies charles.samolczyk@brovada.com  416-388-4137