Noldor

Description of Product or Services you would like to promote in the Association:

Technology - Noldor is a new insurtech that provides insurance data normalization and aggregation-as-a-service including daily reconciliation and live reporting. Our platform is hyper-focused on building and maintaining the most robust connectivity possible with program administrators and their systems of record. This enables us to provide for the easy integration of risk, exposure and policy data for capital providers and brokers via our platform.

How does your product or service specifically target/benefit Program Administrators:

Aggregation and normalizing data remains laborious and inconsistent resulting in inaccurate exposure data as well as increased monetary and opportunity costs for program administrators and capital partners alike. Noldor has created a normalized data structure allowing for real-time access for both updating and reporting. Our products verify, transform, normalize and aggregate disparate data across multiple lines of business helping to differentiate PAs in the eyes of capital providers.

What differentiates your product from others in the marketplace?

At Noldor, we take a different data-agnostic approach. We directly integrate with Program Administrator's system of record (e.g. IMS, Britecore, Excel) and then transform the underlying data into the Noldor schema.  Our schema then acts as the "Rosetta Stone" from which we build a variety of translations to enable for robust delivery of common formats (e.g. OED, Touchstone) as well as more customized formats as requested by Program Administrators and other stakeholders. By integrating with the underlying data tables that a Program Administrator uses for the day-to-day operations, we can then assist them in fixing any data breaks directly in the system where the error resides. This enables us to fix problems at the root level - improving durability of our data connections and ensuring long term control of costs.