Company Information

Get to know Brovada Technologies Incorporated

Brovada Technologies Incorporated is a software provider specializing in creating streamlined data exchange and workflow solutions for the North American P&C insurance industry. The company's mission is to enhance efficiency and connectivity between insurance carriers, managing general agents (MGAs), and brokers through its suite of products, including the NexCenter and NexExchange platforms. These solutions enable real-time data exchange and automation, reducing manual processes and improving accuracy. Founded to solve industry-specific integration challenges, Brovada was acquired by Zywave, a leading insurance tech provider, in February 2021, and now operates as "Brovada, A Zywave Company."

Industry

Technology Software DevelopmentPRIMARY
Financial Insurance

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Brovada Technologies Incorporated

Canada

Founded in

2003 (23 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.