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To lead the insurance distribution industry into the new digital age.
41% employee growth in 12 months
The intention of insurance businesses is to aid clients in growing and buffering their companies. However, a longstanding problem within the complex world of insurance brokerage has been the growth of the insurance broker itself. Novidea offers a cloud-native insurance platform that helps companies manage the insurance distribution lifecycle across all lines of business through front and back-end data consolidation.
Novidea’s platform aims to simplify regulatory compliance actions and provide safe and secure access to data through connected devices. All of this helps onboard and automate, analyze data and generally provide an overview of the insurance company through its cloud-native platform.
2022 saw a period of expansion for Novidea, with the company hiring a new CCO and achieving several substantial rounds of funding. Its 2024 round will be used to expand its offices across its target markets of the US, UK, EMEA, and APAC regions whilst accelerating product innovation.
Kirsty
Company Specialist at Welcome to the Jungle
Roi Agababa
(Founder & CEO)Previously VP of Development at SRL and Team Lead at Unit 8200.