The Work Index by Flexa

Novidea

Novidea is a cloud-based insurance platform that helps brokers, agents, MGAs, and coverholders manage their businesses more efficiently and effectively.

5.5

/10

Transparency ranking

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Description

Novidea is a global provider of cloud-based insurance software solutions. Their platform is designed to digitalize and modernize the entire insurance distribution lifecycle, from lead generation and quoting to policy management, claims handling, and financial accounting. Novidea leverages the power of Salesforce's Big Technology, providing a comprehensive and integrated ecosystem that connects the front, middle, and back offices of insurance businesses. They offer a wide range of features, including automated workflows, data analytics, reporting tools, and customer portals, all accessible from any device, anywhere.

Novidea's target audience includes insurance brokers, agents, managing general agents (MGAs), managing general underwriters (MGUs), and wholesalers. Their focus is on helping these businesses improve operational efficiency, enhance customer experiences, and drive growth through data-driven insights. They are particularly well-known for their expertise in the London Market, where they cater to the specific needs of insurance brokers, MGAs, and coverholders.

Flexibility

Novidea offers the flexibility of working from anywhere on any device. The company provides a fully cloud-based platform that allows employees to securely access all the information they need to complete their tasks, regardless of their location. This enables employees to work remotely, adjust their schedules, and achieve a better work-life balance.

Mission

Novidea provides a cloud-based, data-driven insurance management platform designed to empower brokers, agents, MGAs, and wholesalers to manage the entire customer insurance journey. The platform aims to streamline operations, enhance customer experiences, and drive growth across the insurance distribution lifecycle by offering comprehensive features for front, middle, and back-office operations, built-in analytics and reporting tools, and seamless integration with various systems.

Automation
Data-driven
Disruptor

Culture

Novidea fosters a collaborative and innovative culture, placing a high value on teamwork, thought leadership, and digital transformation within the insurance industry. They prioritize empowering their employees and clients with expert guidance, steadfast support, and premium solutions, constantly innovating to develop new and effective solutions. Their focus on instilling confidence in their people is evident in their commitment to accountability, transparency, and genuine care for both their employees and customers.

DE&I

Novidea's website does not explicitly state their approach to diversity, equity, and inclusion. NONE

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