QBE selects Novidea’s insurance platform to support its Canadian growth strategy

News Direct

--News Direct--

Novidea today announces that it has partnered with QBE Canada (QBE), part of the QBE Group, one of the world’s leading insurers and reinsurers with operations in 28 countries worldwide, to implement its born-in-the-cloud, data-driven insurance management platform.

Canada is an important market for growth for QBE. The Novidea platform will enable the insurer to scale its business and manage the end-to-end customer insurance journey and policy management, with seamless automated workflows across the entire insurance distribution.

Novidea’s powerful quote and bind functionality will enable QBE to provide greater value and service to their customers. At the same time, workflow, automation of bordereaux, and Novidea’s powerful integration capabilities will help to streamline processes, reduce manual work, and help drive optimization across the organization.

Ben Hunter, Director of Canada, QBE, said: “We selected Novidea because of their expertise in delivering global solutions within the insurance industry, including working with Lloyd’s. Their cloud-based platform’s end-to-end, data-driven capabilities will enable us to optimize our business processing whilst enhancing customer service.”

Ben Potts, MD, UK, Novidea, said: “We are delighted to have been selected by international insurer QBE. Working together in partnership will be a game-changer, as our platform will support QBE’s ambitions in terms of customer service, operational efficiencies, and business development in the region.”

The platform will also provide anywhere, anytime access to all relevant data and analytics, with a 360-degree view of the business and enhanced Management Information.

About Novidea

Novidea is the leading Insurtech provider of a cloud-native, data-driven insurance management system. Using an open API architecture, Novidea’s software platform enables brokers, agents, MGAs, and carriers to modernize and manage the customer insurance journey, end-to-end, and drive growth across the entire insurance distribution lifecycle. The Novidea platform, built to leverage the power of Salesforce’s Big Technology, provides a complete ecosystem spanning every aspect of an insurance business, including a 360-degree view of the customer and all stakeholders, enabling full integration between customer-facing policy transactions and the middle and back offices. Brokers, agencies, and MGAs extract more value from their customer and policy data with actionable intelligence from any device, anywhere. Novidea supports more than 100 customers across 22 countries.