Novidea unveils cutting-edge enhancements to its award-winning insurance management platform

Novidea has announced the latest update to its award-winning insurance management solution, designed to cater to brokers, agents, MGAs/MGUs, wholesalers, and carriers.

Novidea has announced the latest update to its award-winning insurance management solution, designed to cater to brokers, agents, MGAs/MGUs, wholesalers, and carriers.

This significant release is aimed at enhancing Novidea’s already award-winning insurance management platform. It promises to bring improvements and greater efficiency to users across all markets served by Novidea’s insurance management solution, adapting to the ever-evolving needs of insurance organisations, enabling them to grow their businesses, diversify into new lines of business, explore new markets, and provide a more competitive customer experience.

The latest version of Novidea’s platform introduces a slew of enhancements. These include improvements in claims processing, billing, accounting, document management, quoting, submissions, and UI/UX, amongst many others.

Erez Nissim, CTO of Novidea, said, “Our latest release is the result of our continuous collaboration with our customers in advancing the insurance distribution industry into the digital age. We’re confident that our cloud-based, data-driven insurance platform will provide organisations with the technology and tools they need to manage complex transactions, stay ahead of the competition, build customer loyalty, and achieve growth.” 

Novidea has established itself as a leader in the InsurTech sector, offering a cloud-native, data-driven insurance management system. Its open API architecture enables various industry players, such as brokers, agents, MGAs, and carriers, to streamline and modernise the entire insurance customer journey.

Over the past twelve months, the firm has grown its employee count by 50%, as it continues to grow its operations.

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