Novidea provides a single, data-driven platform for London Market insurance brokers to manage the entire placement and administrative lifecycle. This includes full integration in line with Lloyd’s Blueprint Two, Electronic Placing via PPL and Whitespace, as well as Bordereau, policy production and claims, right through to IBA accounting with central settlement. 

By consolidating your processes across all commercial business and personal lines, and by integrating front- and back-office operations into a single ecosystem, you can optimise your risk management workflows and deliver a seamless, more customer-centric service.

Furthermore, by leveraging cloud-based technology, the platform gives you a truly international solution for all domestic and overseas markets, plus the ability to host data in any country to mitigate local data legislation issues. 

The Novidea platform makes it easy to get a 360-degree perspective of your entire business, covering all management information, business intelligence and reporting, with a seamlessly integrated user-definable report builder.

The platform’s powerful AI-based analytics and customer dashboards give you an instant, detailed overview of each client or insurer, with the ability to pull in information from external sources, as required.

Not only does this enable London Market insurance brokers to manage accounts more effectively and increase client retention, but it frees up valuable time and resources to cross-sell and up-sell based on each clients’ needs.