Novidea

Novidea is a global provider of a leading data-driven insurance platform that enables MGAs to manage the customer journey, end-to-end, and drive growth across the entire distribution lifecycle.

The Novidea platform, built to leverage the power of Salesforce’s Big Technology, provides a complete ecosystem that covers every aspect of an insurance business, including a 360-degree view of all management information, an integrated front, middle & back-office, and automated workflows that streamline every phase of the customer journey. 

Using cloud-based technology, MGAs have instant access to all customer data, with actionable intelligence, from any device, anywhere. This enables them to make better-informed decisions and deliver greater customer value as true risk experts through products and services tailored to each submission's needs. Novidea supports more than 100 customers, including agents, brokers, MGAs, and the London market, managing more than 20 million policies across 22 countries, worldwide. In May 2023, the company announced that is has raised $50 Million in Series C funding. To date, Novidea has raised $90 Million. 

https://www.novidea.com/contact-us

1) Novidea is truly end to end, which means it comes with a Finance/IBA module, which allows users to process and track all transactions related to their portfolio. We can then seamlessly integrate to your Finance team's general ledger tool, as every field within Novidea is API enabled.

2) Our focus is solely insurance distribution.  We hire from the industry so that clients don't need to spend time explaining the nuances of the industry or complexity of the London market.  We are experts on this segment of the industry, however we come armed with the product power of Salesforce's toolset and the fruits of their massive investment in R&D and innovation.

3) Novidea is an evergreen solution, which means it is constantly being updated and improved as we grow our capability or build new functionality for clients.  This means relevant upgrades and improvements are inherited by all of our clients and there is no need to migrate to a new product years down the line.

Address

  • The Gherkin
  • 30, St Mary Axe
  • London
  • London
  • EC3A8BF
  • UK

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