Insurtech Novidea partners with Further Group

Insurtech Novidea has joined forces with the Further Group, a global specialist in the design and development of health insurance products and service solutions.

Novidea will implement its born-in-the-cloud, end-to-end, data-driven insurance management platform to support its new partner.

Further was founded in 2012 and has become a high-growth company in the healthcare area, with business in over 30 countries and partnerships with over 300 insurers and employer groups.

Previously, the company used IT systems with limited integration across platforms, but will now implement Novidea’s one data-driven platform to increase efficiency, improve communication and provide a single source of truth for stakeholders.

Tatiana Macías, Chief of Staff, Further, said: “To grow to the next level, it is imperative we have the right technology and systems in place that can manage the complexities of our business. We chose Novidea because of their exceptional expertise in delivering global solutions within the insurance industry, as well as for their platform’s outstanding end-to-end capabilities, built on Salesforce.”

Ben Potts, MD, UK, Novidea, added: “We see many insurance organisations encumbered by disparate legacy systems that limit their potential. Today, forward-looking businesses like Further are increasingly utilising cloud-based platforms that enable them to turn data into insights at the point of need, enabling better-informed decisions, greater operational efficiencies, and enhanced client service.

“Novidea’s platform will contribute to the future-proofing of their business and enable them to accelerate their international growth strategy, with what they need to stay competitive, customer-focused and agile.”