INSURANCE MANAGEMENT PLATFORM FOR LLOYD’S AND THE LONDON MARKET

You specialise in The London Market.
Your insurance management platform should too.

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Is your legacy insurance distribution platform holding you back?

  • Do you struggle with visibility of your business at a transactional level including policies/binders?
  • Is your capacity limited by having to choose between trading platforms?
  • Do your multiple and varied carrier relationships compromise your ability to manage and triage the placement of complex risks?
  • Would you benefit from customisable benchmarking and reporting on business performance?
  • Are you reluctant to decommission existing technology investments and processes?
  • Do you struggle with visibility of your customers and the distribution chain?

Whether you need to transform your current architecture, or just part of it,
you need a cloud-native, insurance management platform for brokers and MGAs.
You need Novidea.

Dedicated London
Market Experts

Having the right team to partner with isn’t just an advantage—it’s essential. Understanding your business, and what matters to you requires deep industry knowledge and specialised skills. Our team have worked for brokers, MGAs, carriers and insurtechs, and are here to make sure you succeed.

Purpose built for London Market brokers

A single, sales-focused platform covering the entire insurance lifecycle, including complex risk placement and Lloyd’s messaging

Manage every aspect of your brokerage in one place

Integrate everything from quote and bind policy issuance, and premium processing, to claims and accounting

Purpose built for MGAs

A flexible and agile MGA platform, including quote-to-bind and bordereaux ingestion and creation (Lloyd’s 5.2)

Powered by Salesforce

Leverage the power and security of Salesforce’s Big Technology so that you can safely run your business

One view of your entire business

Novidea’s data-driven platform enables customisable benchmarking and reporting on business performance, and areas of growth

Grow without growing pains

Take advantage of market opportunities by quickly and easily adding new lines of business without excessive costs, or operational disruption

Build your own connected, future-proof business

Our API-first infrastructure powers the seamless integration of an endless list of insurance products

Meet the needs of Lloyd’s and the Market

CDR compliance, Velonetic integration, Vanguard participation, and alignment to Blueprint Two

WORK SMARTER, GROW FASTER

Novidea’s insurance management platform is designed specifically for London Market brokers and MGAs, empowering them to navigate complex regulations, optimise operations, and seize growth opportunities.

  • Account onboarding and management
  • London Market ecosystem including: DMS integration, E-mail including Outlook plugin, Sanction integrations and approvals, AI enablement
  • Regulatory workflows and reporting
  • Lloyd’s-compatible Document Generation tool
  • Enquiry/Quote/Policy management
  • Post-placement management, endorsements and renewals
  • Line of business configuration and data capture
  • Open market and delegated authority handling, including Bordereaux production and ingestion
  • Full insurance accounting and financial reporting, including billing and invoicing
  • Velonetic integration for central settlement support
  • CDR compliance, Vanguard participation, and alignment to Blueprint Two
  • Insurance intermediary accounting module with insurance ledger
  • Claims
  • Workflows and task management
  • Reporting, dashboards and analytics