Novidea boosts digital offering with Xceedance

Insurance distribution platform, Novidea has partnered with global provider of insurance consulting, Xceedance to boost the platform's global offering.

Novidea provides a core cloud-based platform, connecting all insurance distributors to a digital and data-driven insurance ecosystem which leverages the Salesforce Cloud and AI. The deal is expected to enable the broker management platform to scale up its operations, by partnering with Xceedance for assistance with platform deployments.

Chief revenue officer of Novidea, Alex Zukerman said: “We’re excited to collaborate with Xceedance to increase our global reach in 2020 and work towards our shared goal of changing the insurance distribution process.”

Senior vice-president and EMEA region head at Xceedance, Justin Davies added: “The in-house Salesforce skills of Xceedance can help with configuration of Novidea’s solution, and our knowledge of such platforms can ease a range of challenges, such as data migration and integration.”

Founded in 2009, Novidea supports agents, brokers, MGAs, and the London Market in their digitisation process. It provides a complete front and back office, cloud-based solution that covers the entire insurance lifecycle.

Xceedance is a global provider of strategic consulting and managed services, technology, data sciences, and blockchain to insurance organisations. Domiciled in Bermuda, the firm has offices in the UK, the US, Germany, Poland, India and Australia.

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