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Nov 19, 2024

Novidea grows significantly and renews commitment to London Market with move to new bigger offices

19 November 2024 – London, UK – Novidea, creator of the cloud-based, data-driven enterprise insurance management platform for brokers, agents, MGAs/MGUs, carriers, and wholesalers, has expanded its London Market presence with smart new offices at the heart of the City in London, the world’s leading centre for international specialty insurance.

The new premises will support Novidea’s growing team, enabling them to better serve existing customers and meet ambitious growth targets as the company aims for further expansion in the UK and EMEA regions.

“Novidea has enjoyed accelerated growth over the last few years, working with some of the world’s leading brokers and carriers. Novidea is expanding to meet increased customer demand worldwide, as the need and desire for digital transformation in the sector continues to grow and insurance organisations are taking action to remain competitive and profitable,” said Roi Agababa, Novidea’s CEO

“The move to more spacious offices in the Willis building (WTW), overlooking Lloyd’s, will promote a high degree of efficiency and, most importantly, help us to provide an even better service, as we continue to grow in the London and UK regional markets, and beyond.

The new office has an open floorplan, facilitating easy collaboration and communication between Novidea’s teams both locally and internationally. It also has excellent facilities for client meetings onsite.

This move highlights the importance and commitment to the London insurance market for Novidea as a platform for UK and international growth, with Novidea already supporting more than 100 customers across 22 countries worldwide with its award-winning insurance distribution platform. The company recently announced its acquisition of Docomotion, a leading provider in automated document generation.