Novidea has announced a major milestone in its growth journey with its relocation to a larger office in the heart of London’s financial district. A news release highlighted that the move aligns with the company’s growth strategy and reinforces its commitment to the London Market.
Situated in the iconic Willis building, just steps away from Lloyd’s of London, the new office will accommodate Novidea’s expanding team and provide enhanced facilities.
Novidea CEO Roi Agababa (pictured) highlighted the company’s rapid progress. “Novidea is expanding to meet increased customer demand worldwide, as the need and desire for digital transformation in the sector continues to grow and insurance organisations are taking action to remain competitive and profitable,” he said.
The decision to upgrade to a larger space comes amid a period of growth for Novidea. The new office space features an open-plan design aimed at fostering collaboration among team members. In addition, it includes upgraded facilities for hosting clients.
Agababa noted that the move also aligns with the company’s plans to enhance its presence in the UK and EMEA regions. “The move to more spacious offices in the Willis building, overlooking Lloyd’s, will promote a high degree of efficiency and, most importantly, help us to provide an even better service, as we continue to grow in the London and UK regional markets, and beyond,” he said.
The office move follows other strategic developments by Novidea, including its acquisition of Docomotion, a company specialising in automated document generation.
Novidea provides a cloud-based, data-driven insurance enterprise management platform designed to support brokers, agents, MGAs, and carriers in managing the insurance distribution process. Its services are utilised by over 100 customers in 22 countries worldwide.
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