Tag: Novidea

Insurance firm QBE Canada has recently linked with Novidea, renowned for its cloud-based insurance management platforms.

The insurance industry relies heavily on efficient data communication, and two key terms, the Core Data Record (CDR) and the Market Reform Contract (MRC), play significant roles in standardising this communication. While distinct, both concepts contribute to insurance processing and documentation, streamlining operations in the sector.

Founded in 2009, Novidea’s born-in-the-cloud end-to-end platform provides real-time business intelligence and seamless workflow management for brokers, agents and MGAs to manage the customer...

As InsurTech continues to become vital for the success of insurance companies, specialist research firm FinTech Global has released the sixth annual edition of its InsurTech100 list.  

Novidea, a global InsurTech firm, has made a significant hire with the inclusion of Duncan Baker as its new Reinsurance Product Manager.

Novidea has launched a platform designed to help brokerages deal with the digital revolution started by Lloyds’ implementation of the Core Data Record (CDR). 

Insurers are finding themselves on the cusp of an innovative overhaul, specifically with regard to the claims journey - a process historically plagued by complex systems and lack of transparency, but now being redefined by advancing technology and evolving customer expectations.

Novidea, a leading innovator of a cloud-based, data-driven insurance management platform catering to brokers, agents, MGAs/MGUs, and wholesalers, has announced the appointment of Erez Nissim as their new Chief Technology Officer (CTO).

Novidea, a leading InsurTech creator of the cloud-based, data-driven enterprise insurance management platform, is welcoming the newest addition to their senior leadership team, Erez Nissim.

As the insurance industry experiences a pivotal shift towards digitalisation, InsurTech leaders emphasise the importance of digital transformation not only to meet evolving customer expectations but also to enhance operational efficiency and foster innovation.