The Guarantee Company of North America Gives Ease of Access to their Brokers

The Guarantee Company of North America chooses Brovada’s NexCenter

Toronto, ON – June, 2012 – The Guarantee Company of North America has chosen Brovada’s NexCenter Technology to provide a real-time Single-Sign-On and Inquiry solution for its “Personal Insurance” broker partners.  The solution will allow streamlined access to policy, billing, and claims information and also give brokers the ability to download policy-related documentation for both the Guarantee GOLD® and Guarantee Superior products.

Ron Burns, National Vice President Personal Lines Underwriting Standards states “This is the first step in broadening our broker connectivity offering and look forward to expanding the use of similar tools in the future.” Dean Bast, National Vice President Guarantee Gold confirmed “We’re excited to streamline our broker’s access to critical information.”

Brovada’s NexCenter is the leading connectivity tool in the Canadian insurance industry providing connectivity between 800 brokerages and over 30 carriers.  NexCenter provides a range of transactional efficiency from Single-Sign-On to real-time policy change upload and handles the vast majority of real-time traffic in Canada.

The Guarantee Company will be releasing the solution on a controlled roll-out basis to all contracted Brokers for Guarantee GOLD and Guarantee SUPERIOR business in Alberta, Manitoba and Ontario. The solution for the rest of Canada will follow with future releases.

“It’s great to welcome The Guarantee to the list of NexCenter supported carriers and we’re pleased to be selected as their technology partner for connectivity needs” states Karl Greenlaw, Founder and CEO of Brovada. “We look forward to continually adding further transactions with The Guarantee.” 

About Guarantee

The Guarantee Company of North America (The Guarantee) is a Canadian owned property and casualty insurance company serving the insurance needs of North Americans since 1872 with our Head Office in Toronto, Ontario Canada. In Canada, we are a leading underwriter of Surety and Fidelity Bonds with branch offices strategically located in major centers across Canada.  The company is a “Specialty” Insurer specializing in the following products:

– Contract & Commercial Surety                        

– Fidelity Bonds                            

– Directors’ & Officers’ Liability

– Credit Insurance

– Guarantee GOLD®. (High Value Home & Automobile)

In the United States of America, The Guarantee underwrites Contract and Commercial/ Miscellaneous Surety products across continental USA.

The Guarantee is committed to delivering its products through the independent broker/agent distribution network throughout North America.

For more information, please go to our web site www.gcna.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

Contact: Charles Samolczyk, VP Insurer Sales Canada

Brovada Technologies

charles.samolczyk@brovada.com   416-388-4137