DIFFERENTIATE AND DEMONSTRATE YOUR VALUE WITH AN INSURANCE MANAGEMENT PLATFORM THAT CAN SHOWCASE IT
- Are you struggling to see your business portfolio and trading partner performance clearly due to poor data and reporting?
- Are you using multiple, disparate, disconnected systems to manage the insurance lifecycle?
- Is your core platform just a finance module posing as an MGA platform for carriers or agents?
- Are you finding it challenging to collaborate with insurers, brokers, TPA* clients, and third-party solution providers?
- Do you struggle to implement complex regulatory requirements?
- Are you struggling to quickly bring new lines of business to market?
- Do you need to be able to write more business without significantly increasing headcount?
You need a data-first platform built for MGAs and MGUs. You need Novidea.
NOVIDEA TAKES YOU TO THE FUTURE, NOW.
PURPOSE BUILT FOR MGAs AND MGUs
A flexible and agile MGA platform, including quote-to-bind and bordereaux production and management for risk, premium and claims (Lloyd’s 5.2)
SEAMLESS GLOBAL OPERATIONS
With multilingual functionality and real-time currency conversion, Novidea integrates effortlessly across multiple territories and markets. This means that you can operate locally and report globally to HQ while staying compliant with all international regulations.
FROM QUOTE TO CLAIM: SEAMLESS INSURANCE MANAGEMENT
Manage anything from submissions, quote-to-bind, policy issuance, and premium processing, to claims and accounting in one platform
360⁰ ACCOUNT INSIGHT
A complete view of any account and portfolio of business, makes it easy to make fast, accurate and informed business decisions, enabling better customer service
STREAMLINE YOUR FRONT, MIDDLE AND BACK OFFICE
Digitalize your entire insurance distribution lifecycle, with easy access to valuable data insights across every phase of the insurance supply chain, giving you sustainable, scalable growth
PROMPT CLAIMS MANAGEMENT
Efficiently manage claims processes while ensuring timely communication and resolution
QUICKLY ADAPT TO EMERGING RISKS
Launch new lines of business rapidly to capitalize on a continuously evolving landscape
ACTIONABLE INSIGHTS
Valuable data insights across every phase of the insurance supply chain, including who your best agents are, and equally, how you are performing to your carrier partner
HANDLE YOUR CAPACITY WITH CONFIDENCE
Flexible Bordereaux production and management for risk, premium and claims means that you can manage, maintain and boost your capacity
VALUE-DRIVEN BENCHMARKING AND REPORTING
Advanced data and reporting provide a comprehensive overview of your business’s strengths, enabling informed decision-making to maximize profitability
API-POWERED GROWTH
Our open API framework means you can tailor your business by adding functionality, capabilities, and services as your business grows
COMPLIANCE WITHOUT COMPROMISE
Ensure compliance with insurance regulations, licensing requirements, and reporting obligations
MAXIMIZE OUTPUT, OPTIMIZE RESOURCES
Advanced workflows and automation mean you write more business without increasing headcount, freeing up time for employees to focus on higher—value activities
ACCELERATE IMPLEMENTATION, MAXIMIZE VALUE
Standard platform implementation means you can accelerate delivery and reduce manual setup, enabling faster time-to-value
WORK SMARTER, GROW FASTER
-
Account onboarding and sanctions integration
-
Supports any P&C line of business, any speciality, any complexity
-
Clear visibility into profit commission performance
-
Task management, workflows and approvals
-
Flexible Bordereaux production and management for risk, premium & claims
-
Claims management
-
Complex document generation
-
Produce multiple bordereaux formats
-
Reporting, dashboards and analytics
-
Enquiry/quote/policy management
-
Bordereaux ingestion in Lloyd’s standard format
-
API-first framework including
- DMS integration
- E-mail including Outlook plugin
- Sanction integrations and approvals
- Al readiness and enablement
-
Automated triangulations
-
Insurance Business Accounting with insurance ledger