Why Encore Insurance Chose Novidea as their Agency Management System
When the industry is constantly changing, understanding the forces driving new change can make all the difference. Listen to this episode for insights on: – Why the line between “tech companies” and any other is disappearing – The difference between truly innovating and merely going digital – What agents need to focus on today to thrive in the very near future
Novidea, the leading provider of the only born-in-the-cloud, data-driven agency management system, enables agents, wholesalers, MGAs and MGUs to modernize and manage the customer insurance journey, end-to-end, and drive growth across the entire insurance distribution lifecycle.
Howden’s Guarantees department used to be at the mercy of its partner insurance company and their slow, archaic systems for processing and creating policies. Now, they’ve digitized the entire process with Novidea – creating huge time-saving benefits for the business. Moving data and management to the Novidea platform, Howden compressed the policy creation lifecycle from a full week to just a couple of hours.
Brokers need real-time insights and analytics to drive real value, increase customer retention and drive profitable growth. Data on its own is not enough. This is the power of Novidea’s Actionable Intelligence.
The 5 main challenges when it comes to legacy agency and broker management systems.
Learn how Hyperion increased sales by 63% and improved customer value realization with the help of Novidea. At every point in the policy lifecycle, Hyperion can reach into the Novidea platform and extract data insights to support beneficial upsell, cross-sell, and policy adjustment initiatives.
Until deploying the Novidea broker management system, M&N had no automated systems in place for managing its businesses.