On Demand- CDR: How Brokers Can Prepare and What it Means for the Lloyd's Market

Presented by

Paul Evans, London Market SME, Novidea, Mike Winterle, Senior Product Marketing Manager, Novidea

About this talk

The CDR standardisation will enable the Lloyd’s market to significantly improve operations, reduce the cost and effort of doing business, and deliver a better service to customers. In this 30 minute webinar, industry veteran, Paul Evans, London Market SME, Novidea will discuss: - The benefits of digitisation and standardisation - How Lloyd’s brokers can prepare for CDR - Why these changes are being implemented and how they can advance the London market - The potential role of technology, and why selecting the right vendor is critical
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Novidea is the creator of the only born-in-the-cloud, data-driven insurance platform that enables brokers, agents, and MGAs to modernize and manage the customer insurance journey end-to-end and drive growth across the entire insurance distribution lifecycle. The Novidea platform, built to leverage the power of Salesforce’s Big Technology, provides a complete ecosystem spanning every aspect of an insurance business. The platform’s AI technology provides a 360-degree view of the customer and all stakeholders, enabling full integration between customer-facing policy transactions and the middle and back office. Brokers, agencies, and MGAs extract more value from their customer and policy data with actionable intelligence from any device, anywhere. Novidea turns data into insight at the point of need, enabling better-informed decisions and delivering greater customer value through products and services tailored to individual needs. Novidea supports more than 100 customers, including agents, brokers, MGAs, and the London market, managing tens of millions of policies across 22 countries.