Novidea Partners with Xceedance to Increase Global Reach

Combining Novidea’s Broker Management Platform with the proven insurance expertise and global presence of Xceedance will help the vendor meet the growing market demand for the platform.

(Image source: Novidea website.)

Novidea (Netanya, Israel/North Miami Beach, Fla.), a global provider of a broker management platform, has announced a partnership with Xceedance, a Boston-based global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, that Novidea says will enable it to increase its global reach and services.

Novidea provides a core cloud-based platform, connecting all insurance distributors to what it calls a modern, digital and data-driven insurance ecosystem, which leverages the Salesforce Cloud and artificial intelligence (AI). Novidea offers services to drive digital transformation for brokers, agents, MGAs and insurers, through data analytics, digital customer engagement and a specialized insurance CRM system.

Alex Zukerman, Chief Revenue Officer, Novidea.

“The insurance industry is increasingly understanding the necessity for modernization and digitization, leading to greater demand for the Novidea Broker Management Platform,” says a Novidea statement announcing the partnership. “By partnering with Xceedance for assistance with platform deployments, Novidea can scale up its operations to meet the growing interest for its products and services.”

Novidea cites Xceedance’s Salesforce deployment experience as evidence that its partner understands the configuration of Novidea’s technology, including the most efficient methods of data migration and system integration. Novidea adds that Xceedance’s “deep and broad expertise” in insurance operations consulting, advanced technology and delivery capabilities, will help Novidea to bring significant benefits to insurance organizations across the globe. Jointly, Xceedance and Novidea will focus on enhancing the Broker Management Platform and provide superior customer service, the vendor says.

Increasing Global Reach in 2020

“Our growth vision and approach put strong emphasis on collaboration with leading industry experts to make the onboarding of new customers to the platform as seamless as possible,” comments Alex Zukerman, Chief Revenue Officer, Novidea. “Xceedance is a leading global player with proven delivery and consulting expertise, and shares many of the same values as Novidea. 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.”

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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