Kinetic Insurance, a managing general underwriter (MGU) based in the U.S., has announced a partnership with Novidea, a provider of cloud-based insurance management solutions. This collaboration aims to enhance Kinetic's digital capabilities and streamline its operations.
Kinetic Insurance has been experiencing growth in its workers’ compensation business. To keep pace with this expansion, the company recognized the need to upgrade its operations. The current manual and fragmented policy management processes were no longer sufficient for their needs. By working with Novidea, Kinetic hopes to implement a comprehensive, enterprise-grade platform that can support its digital transformation.
Novidea’s software is designed to simplify insurance management, enabling companies like Kinetic to automate many aspects of their operations. This could lead to improved efficiency, reduced errors, and a better overall experience for clients. The transition from manual systems to a more integrated platform allows Kinetic to focus on its core business functions while handling increased demand for services.
This move is likely to benefit Kinetic's internal teams and policyholders alike. Employees will be able to work more efficiently, leading to faster service for customers. Additionally, the reinvigorated technology framework may help Kinetic in attracting new clients who are seeking modern, efficient insurance solutions.
In summary, this partnership represents a strategic step for Kinetic Insurance as it looks to modernize its operations and enhance service delivery through Novidea’s technology.
Original Source: https://fintech.global/2025/08/05/novidea-powers-kineticc-insurance-digital-transformation/