BOSTON, MA—July 16, 2025— 7:37 AM Eastern Time –Novidea, creator of the cloud-based, data-driven insurance management platform, has been named to PropertyCasualty360’s Insurance Luminaries Class of 2025 award in the category of Technology Innovation. This is the second consecutive year that PC360 has recognized Novidea’s innovation in the property and casualty (P&C) insurance industry. The awards program spotlights top professionals, teams, organizations, programs, practices, and products within the P&C insurance sector that strive to modernize and humanize the business.
The 2025 honorees were selected by a panel of industry experts based on how well they stated and achieved goals with regards to the nomination category; how impactful their work has been; how dedicated the nominee has been to furthering modernization and humanization in the P&C insurance business; and how committed and dedicated the nominee has been to high ethical standards, service and excellence.
“Insurance is a complex and intricate industry with what seems like a million moving parts,” said PropertyCasualty360 Editor-in-Chief Elana Ashanti Jefferson. “That’s why my team and I enjoy hosting the annual PropertyCasualty360 Insurance Luminaries honor. This professional recognition program allows us the chance to spotlight companies, organizations, programs, practices, teams and individuals that truly make a difference in insurance. These honorees pay homage to the industry’s critical mission to make insureds whole after a major loss while powering forward with fresh ideas and modern tools for tackling today’s challenging business conditions.”
Novidea received top honors in the “Technology Innovation” category again this year. Novidea’s insurance management platform enables brokers, agents, MGAs, MGUs, hybrid fronting carriers, specialty and wholesale insurers to modernize and manage the insurance distribution lifecycle from lead generation and quoting to policy admin, claims, and even complex financial reconciliation. Novidea’s open API architecture streamlines processes, connects applications and systems, and delivers full integration between customer-facing policy transactions and the middle and back office. The platform eliminates data silos and creates a single system of record for data, providing powerful analytics and real-time dashboards and reports, for unprecedented visibility into performance, profitability, and key trends, allowing for data-driven decision-making.
In 2024, Novidea added to its technical innovation through the strategic acquisition of Docomotion, a cloud-based automated document management, an essential technology for document-heavy industries. Docomotion builds intuitive, no-code solutions for automated form processing, design, management, and e-signatures tailored to the business needs of insurance organizations. This includes policies, quotes, MRCs, coverslips, and binding documents, generated directly from the insurance organization’s CRM. Together, Novidea and Docomotion are streamlining insurance document management, making it more dynamic and efficient.
“It’s an honor to be recognized by PropertyCasualty360 for the second consecutive year in a highly competitive category,” said Ido Peled, SVP Product at Novidea. “Insurance industry experts at Insurance Luminaries ranked Novidea as the top innovator, which is a testament to our product development team. Novidea is dedicated to continuous innovation, consistently adding new capabilities to deliver ongoing value to our global customers.”
About Novidea
Novidea is the leading Insurtech provider of a cloud-native, data-driven insurance management system. With its open API architecture, Novidea enables brokers, agents, MGAs, and carriers to modernize and manage the customer journey end-to-end and drive growth across the entire insurance distribution lifecycle. Novidea’s streamlined and automated platform fully integrates front, middle, and back offices. The Novidea platform boosts operational efficiency while providing a seamless digital experience for team members and customers alike. Insurance businesses benefit from a 360-degree view of customers and policies and can access data and actionable insights anytime, anywhere, and on any device. In 2024, Novidea acquired Docomotion, a leading Document Generation platform. The company currently serves more than 350 customers worldwide.
For more information, please go to: www.novidea.com
Media contact:
Michelle Barry
Chameleon Collective for Novidea U.S.
+1 (603) 809-2748
