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Brovada

Brovada is an insurance connectivity and data-exchange platform that automates real-time policy quoting, submission, and data exchange between insurance brokers and carriers.

Our take: It is a Canadian InsurTech that automates real-time data exchange between insurance brokers and carriers via its BrovadaOne platform.

Best forInsurance brokers
ReviewedPricing: Free Trial
6.9 out of 105 criteria · see breakdown
Try BrovadaFree for brokers; insurer pricing on request
The bottom line

The go-to electronic trading hub for Canadian insurance brokers and carriers; free for brokers, enterprise pricing for insurers.

Our score

Reviewed by the Conversion Gems editorial team. Hover a facet to focus it; click to pin.Tap a facet to focus it.

What it is, and why we rate it

One line each. Open a row for detail.

What it really isBrovada — insurance carrier-broker connectivity and data-exchange platform for the Canadian market.
Our takeIt is a Canadian InsurTech that automates real-time data exchange between insurance brokers and carriers via its BrovadaOne platform.
Acquired by Acturis from Willis Towers Watson in 2021, it serves 1,400+ brokerages and 50+ insurer systems. Brovada is a B2B insurance-connectivity middleware product.
Why we rate itDominant position in the Canadian general insurance connectivity market with deep integrations across broker management systems and insurer portals; free broker access removes the main adoption barrier.
The catchCanada-focused only; enterprise sales cycle for insurer onboarding; no self-serve or published pricing; limited relevance outside the Canadian P&C market.

Best / not good for

Best for
  • Canadian P&C insurance brokers needing carrier connectivity at no cost
  • Insurers wanting to automate broker submissions and policy updates
  • MGAs and wholesalers integrating into the Canadian electronic trading ecosystem
Not good for
  • US or international insurance operations (platform is Canada-centric)
  • Life, health, or benefits brokers (focused on P&C general insurance)
  • Teams needing transparent self-serve pricing and instant onboarding
Trade-offs

Friction report

Trade-offs to know before signing up.

  1. Time to value
    Slow: brokers must sign a licensing agreement and coordinate implementation; no instant signup.
  2. Scale breakpoint
    Insurer-side costs and integration complexity grow with the number of broker management systems supported.
  3. Walled garden
    Moderate: ACORD-standard data helps portability, but workflows are tightly coupled to BrovadaOne's ecosystem.
Still a fit?
If none of these block you, start on the free plan.
Try Brovada

Frequently Asked Questions

Can I monitor server performance across multiple locations from one dashboard?

Server performance can be monitored across multiple locations through a unified dashboard.

Can businesses find and verify contact information for sales prospects?

Yes, businesses can find and verify sales prospect contact information using AI-powered lead enrichment and database tools.

How does Brovada help business valuation professionals prepare compliant reports and manage client data?

Brovada helps business valuation professionals prepare compliant reports, manage client data, and streamline valuation workflows.

How does this applicant tracking platform streamline recruitment, candidate management, and hiring workflows?

Applicant tracking platforms streamline recruitment, candidate management, and hiring workflows by centralizing applications, scheduling interviews, and tracking progress.

What recruitment and applicant tracking solutions does this platform provide for employers?

Employers can leverage applicant tracking, candidate sourcing, interview scheduling, and recruitment analytics to optimize hiring.

Alternatives

  • Step up

    Acturis (parent company) for full policy administration and broader UK/Canadian InsurTech suite.

  • Lighter alternative

    Applied Rater for lighter carrier connectivity needs in the US market.

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Tags

#TravelInsurance#Booking

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