Novidea

Novidea provides a data-driven insurance management platform for MGAs, MGUs, brokers and delegated authority businesses. It supports the full insurance lifecycle, from rate, quote, bind, issue and renew to policy administration, bordereaux handling, premium processing, claims, accounting, reporting and document generation.
Purpose-built for complex and growing MGA operations, Novidea replaces fragmented systems with one connected platform and a single source of truth. This gives the business real-time view of customers, policies, binders, capacity relationships, portfolio performance and operational activity across the portfolio, helping leaders make faster, better-informed decisions.
Novidea's AI-enabled platform brings together the capabilities MGAs need, including automated bordereaux processing, integrated workflows and approvals, complex placement handling, multi-legal entity support, configurable screens and fields, client-specific rules and validations, embedded reporting and analytics, and flexible Lloyd’s-compatible document generation. Its API-first architecture supports integration with third-party tools and services, while its connected data foundation enables automation and reliable analytics. Self-service configuration and product build capabilities help scale the business without unnecessary costs and vendor dependency.
Designed for growth, Novidea helps teams write more business without increasing headcount, improve visibility across performance, risk and capacity, and operate across markets, entities and territories through multilingual functionality, real-time currency conversion and multi-entity capabilities.
Novidea is ideal for MGAs, MGUs and delegated authority businesses looking to modernise operations, improve data quality, strengthen governance, launch products faster, manage capacity with confidence and build a scalable foundation for global growth.

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Novidea's MGA