NOVUM

Nuremberg, Germany Founded: 1993 • Age: 33 yrs Acquired By RGI
Software solutions are developed for the insurance industry.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About NOVUM

NOVUM is a company based in Nuremberg (Germany) founded in 1993 was acquired by RGI in July 2019. NOVUM offers products and services including V'GER Suite, V'GER as a Service, VPORTAL, AESTIMO, and UNISMART. NOVUM operates in a competitive market with competitors including ReSource Pro, Socotra, FintechOS, EIS Group and Riskcovry, among others.

  • Headquarter Nuremberg, Germany
  • Sectors
    Financial Services
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  • Phone
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  • Website
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  • Legal Name Novum-Rgi Germany Gmbh
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Latest Funding Round
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  • Investors
  • Employee Count
    Not available
  • Acquired by
    RGI

    (Jul 30, 2019)

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Products & Services of NOVUM

NOVUM offers a comprehensive portfolio of products and services, including V'GER Suite, V'GER as a Service, VPORTAL, AESTIMO, and UNISMART.

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Primary

Software for insurance underwriting and management systems

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Cloud-based insurance solutions with pay-as-you-go pricing

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Broker communication tool for insurance operations

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Virtual platform for assessing insurance claims

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Tool for legally compliant digital signatures in insurance

Funding Insights of NOVUM

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Detailed funding history for NOVUM

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Investors in NOVUM

NOVUM has secured backing from 1 investor. Prominent investors backing the company include RGI.

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Investor Description Founded Year Domain Location
RGI is recognized as a leading provider of core software systems for the European insurance market.
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Investor details for NOVUM

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Investments & Acquisitions by NOVUM

Investments
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Investment portfolio details for NOVUM

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Financial Statements - NOVUM

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Detailed financials for NOVUM

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Novum Comparisons

NOVUM Primary company
Description
Software solutions are developed for the insurance industry.
Location
Nuremberg, Germany
Founded Year
1993
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for NOVUM

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Competitors of NOVUM

NOVUM operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ReSource Pro, Socotra, FintechOS, EIS Group and Riskcovry, among others.

Company Name Domain Founded year HQ Location Description
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Insurance policy and claim management solutions for the insurance industry
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Cloud-based solutions for insurance policy management and underwriting are offered.
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AI-based software suite is provided for banking and insurance sectors.
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Cloud-based policy management and underwriting solutions for insurance are provided.
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A platform for digital insurance distribution and management is provided.
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Cloud-based software solutions for credit insurers, surety bonds & trade finance
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Detailed competitors of NOVUM

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Latest news on Novum

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Complete news archive for NOVUM

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Frequently Asked Questions about NOVUM

NOVUM was founded in 1993.

NOVUM is headquartered in Nuremberg, Germany. It is registered at Nuremberg, Bavaria, Germany.

Novum Group is a developer of software solutions for the insurance industry in a variety of insurance lines of business and financial sectors. The flagship product is Vger, which is a uniform technical standard platform for life and PC business, available to be hosted on-premise or on the cloud. The Vger suite of solutions includes: Vger PC and Vger Life (contract and product management solutions), Vger PC Compact (turnkey ready solution for extended PC business), Vger Sky Digital Customer Service (solution to help digitize legacy systems) and Vger Portal (B2B solution for offer, contract and claims management).

NOVUM's top competitors include FintechOS, Socotra and Tinubu.

NOVUM offers V'GER Suite, V'GER as a Service, VPORTAL, AESTIMO, and UNISMART.

NOVUM has 1 investor. Key investors include RGI.

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