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Novidea
Fuelling growth for insurance distribution businesses
- 101-200 employees
- Fintech
- B2B
- Insurance
- Big data
- Analytics
- SaaS
- Netanya, Center District
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Company mission
To lead the insurance distribution industry into the new digital age.
Our take
The intention of insurance businesses is to aid clients in growing and buffering their company, but 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 to 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, hiring a new CCO and achieving several substantial rounds of funding. Its most recent will be used to expand its offices across its target markets of the US, UK, EMEA, and APAC regions. It is also planning to strengthen its already robust infrastructure, focusing on customer success.
Kirsty
Company Specialist at Welcome to the Jungle
Leadership
Roi Agababa
(CEO)Previously VP of Development at SRL and Team Lead at Unit 8200.