Tag: Novidea

The 4 key advantages of adopting cloud-native platforms in insurance

As our digital landscape continually evolves, the prominence of cloud technology in businesses has soared. This surge is a sharp contrast to past reservations about adopting cloud technology. Today, it's increasingly rare to find a technology vendor that doesn't offer cloud-based solutions.

Novidea unveils transformative enhancements to its insurance platform

Novidea, a leading InsurTech firm globally recognised for creating its data-driven, cloud-based insurance management platform, has announced substantial enhancements to its award-winning software.

Harnessing the power of big data: A new era for insurance...

In the rapidly evolving world of insurance and InsurTech, the term "big data" is gaining significant traction. With implications for risk assessments, policy pricing and customer interactions, insurance industry professionals explore how it is driving innovation.

Harnessing data and analytics: A game changer in the insurance industry

In the realm of insurance, data and analytics aren't newcomers. However, the surge of digital technologies and the rise in both structured and unstructured...

Maximising MGA’s capabilities with technology in the global insurance landscape

Managing General Agents (MGAs) are becoming increasingly instrumental in the global insurance market by targeting niche or underserved sectors. With approximately 600 MGAs in...

Cloud-native insurance platform Novidea bags $50m Series C

Cloud-native insurance platform Novidea has raised $50m in a Series C funding round led by Battery Ventures.

InsurTech Novidea selected by Jamaican insurance broker AIB

Cloud-native insurance platform Novidea has been selected by Jamaica-based insurance broker Allied Insurance Brokers (AIB) to implement its born-in-the-cloud, data-driven insurance management platform for Managing General Agents (MGAs).

How digitalisation can make insurance firms resilient in an inflation-hit economy

Inflation, a pervasive economic phenomenon, is extending its grip across all sectors, including the insurance industry. A projection indicates that the surge in prices...

InsurTech Novidea teams up with Further to implement insurance platform

InsurTech Novidea has partnered with the Further Group, a provider of health insurance products and service solutions, to implement its insurance management platform.

Cloud-native insurance platform Novidea experienced strong growth in 2022

Novidea, a creator of the data-driven, cloud-native insurance platform that enables brokers, agents, and MGAs to reduce costs and drive growth across the distribution lifecycle, has achieved significant growth milestones in 2022.

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