Tag: Novidea

In the fast-paced InsurTech realm, gaining insights from diverse markets is an invaluable opportunity; one not to be missed. Mike Scott, Sales Manager at Novidea, shares his insightful trip to the InsurTech Insights Asia conference in Hong Kong, shedding light on the challenges and opportunities within the Asia-Pacific insurance landscape.

Novidea‘s groundbreaking insurance management solution has led to Pathpoint experiencing a monthly 20% compounded growth for the last 18 months.

London-based InsurTech Novidea has revealed that it will be expanding into the Southeast Asian market.

Novidea has announced a new senior vice president of product in a bid to drive the strategic direction of its market-leading insurance management platform.

The London Market is on the precipice of a digital transformation, and one significant initiative propelling this change is the Core Data Record (CDR). This strategic move aims to standardise and streamline the collection of critical transaction data, marking a pivotal leap in market efficiency. InsurTech Novidea explains why CDR matters for London market brokers. 

Novidea, a prominent InsurTech company, has bolstered its sales team to meet the increasing demand for its renowned insurance management platform in the UK.

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

Pathpoint has revealed that it has experienced significant growth with over 14,000 registered agents and a 20% monthly increase in submission volume since partnering with 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.