London, [Dec 12, 2017]: Novidea, the data-driven platform provider for the insurance distribution industry, today announced that it has been selected by Insurance CIO Outlook as one of the TOP 10 Broker Management Systems solution providers for 2017.
The recognition comes in Insurance CIO Outlook’s annual listing of global companies at the forefront of broker management solutions for the insurance sector. In compiling the list, the publication evaluated current trends in artificial intelligence, predictive analytics with machine learning, and cloud-based infrastructure; all of which are helping to transform the global insurance industry, facilitate customer service, and enable businesses to face new challenges.
“We are delighted with this recognition and proud to be part of the transformation taking place in the insurance industry,” says Novidea CEO Roi Agababa. “Broker success and growth are today tied directly to technological resources and investments in platforms like Novidea.”
The award follows Novidea’s selection in 2016 as one of CIOReview’s 20 Most Promising Insurance Technology Solution Providers.
Years of aggregating data from fragmented systems have left insurance brokers without a clear, unified source of the truth. With advanced actionable intelligence, Novidea’s consolidated front- and back-office architecture turns customer and policy data into fuel for improved cross-sales, up-sales, renewals and other opportunities to deliver value to the customer.
The Novidea platform enables brokers and agents to manage every aspect of the business workflow globally, across diverse regulatory jurisdictions and currencies. From leads to policy management to claims and policy accounting, it provides one seamless toolset that spans all lines of insurance in a secure and reliable way.
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About Insurance CIO Outlook
Insurance CIO Outlook presents the latest news and updates on recent technologies for readers to know more and better understand the current technology trends that transform the way insurance works for us.
Novidea is the global company behind the leading end-to-end, data driven solution designed specifically for insurance distribution professionals and their customers. By consolidating all front- and back-office data and workflows into a unified view, the platform provides real-time visibility and actionable intelligence into the entire customer journey. The Novidea platform enables top-tier global brokerages, agencies, bancassurance and corporate insurance operations to optimize every customer interaction, expose opportunities for revenue and growth, and dramatically improve profitability and competitiveness. The company has offices in the UK and US, with R&D based in Israel.