NovaFori empowers the insurance industry to embrace digital change
We build highly reliable and scalable marketplace and auction software to conduct multiple and simultaneous online auctions, providing both sellers and buyers with a transparent and efficient mechanism to transact digitally.
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Building digital auction platforms to scale your business
We understand insurance auctioneers, given our proven track record of building enterprise-scale auction and trading platforms.
NovaFori was selected for this project as the complexity of Lloyd’s market required specialist auction and insurance expertise.
Working systematically to understand the specific complexities of the insurance market and the trading of risk capacity, NovaFori’s solution provided an efficient and fair mechanism for trading members.
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We were looking for a technology partner who could combine an agile approach to delivery, a modern technology stack, and a deep understanding of trading and resolution mechanisms. NovaFori delivered on all three fronts.
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Providing marketplace solutions across diverse industries worldwide
We work with multiple industries. We’ve seen over $12 billion Gross Merchandise Value (GMV) transacted through our platforms since 2011.
