#InsurTech / Insurtech startup Novidea raises $15 million in series B round

[CEO:] “We’re seeing a growing demand in the world for a smart platform that translates insurance data into business insights in real-time, advanced analytic capabilities and information that users can act upon.”

Israeli insurtech company Novidea, which has developed a system to help improve the efficiency of brokers and agents, has raised $15 million in a series B funding round led by the JAL Ventures Fund II…

[JAL Ventures:] “Novidea is taking advantage of two unstopabble trends, data transfer to the cloud and increasing the use of data insights in real-time…”