Nova Limited Nova has over 13 years’ experience in the (re)insurance and ILS sector helping to adopt and implement new technologies and applications in front, middle and back-end processes within existing software systems, or (re)insurance company operational infrastructure. The strategic value gained through Nova’s work has helped its clients in pricing and underwriting, claims handling and administration, improved process management, predictive analytics and through implementation of and integration with improved software systems which have become more adept at extracting data to enable quicker and more informed decision-making leveraging intelligent automation.
Intelligent automation linked to measurable goals that create competitive gain
> ILS Trading Platform (Partner Portal): Ecosystem network for establishing share limits and capacity on risks brought to platform by various participants
> Workplace Transformation: Data scalability, accuracy, transparency in data flow between departments, partners, investors, regulators.
> Exposure Management modelling: Improved understanding of risk exposures gaining the ability to understand and underwrite against risk appetite.
> Underwriting Platform: Submission Work flow management
> Portfolio analytics and forecasting projections: Dynamic access to help drive business decisions
> Portfolio Fund & Risk Management Platform: Capital optimization
> Claims Handling: Improved claims workflow processes
> Premium Accounting: Global accurate and aggregated reporting
> Finance automation: Timely and accurate financial awareness
> Back Office Automation: Cost effective and efficient ability to managed high volumes of data
> Dynamic aggregate reporting for ‘Investor Pack’ generation: Efficient communication of fund performances