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Novulo has been named InsurTech of the Year and Disruptor of the Year at the Europe FinTech Awards 2026, recognizing its impact on the insurance industry and the shift from legacy systems to composable software platforms.
Novulo has been named InsurTech of the Year and Disruptor of the Year at the Europe FinTech Awards 2026.
The awards recognize the way composable technology is fundamentally transforming the insurance industry. They highlight a clear shift in the market: from rigid, monolithic systems to flexible platforms that enable organizations to design and shape their own software landscape.
The Disruptor of the Year title is awarded to companies that do not simply improve what already exists, but reshape the foundations of the industry.
For Novulo, this comes down to one core principle: returning control to the software user. Instead of being locked into standard packages or heavy custom development projects, the platform enables organizations to assemble, adapt, and innovate independently, without the constraints of traditional architectures.
The InsurTech of the Year award specifically recognizes impact within the insurance industry. Insurers are facing major challenges: legacy systems, increasing compliance requirements, and the need to innovate faster in line with evolving customer expectations.
Novulo demonstrates that there is another way. Through a composable approach, insurers can build and adapt their core processes—from policy administration to claims handling—in a modular way. This enables faster product launches, easier partner integrations, and step-by-step modernization without large migration risks.
The double win confirms a broader market shift: composable software is no longer a future vision, but a practical alternative for legacy modernization.
Organizations are increasingly choosing platforms that do not force an “all-or-nothing” migration, but instead allow for gradual transformation over time.
In this context, Novulo positions itself as a platform that not only delivers software, but fundamentally returns control over how software works.
EY demonstrated how insurers can kickstart their transformation journey with successful AI applications. They begin by defining long-term goals, adapting processes, and placing a strong emphasis on end-users, allowing trust in the new approach to build gradually.
Following the 2021 acquisition of Equidad in Aruba, insurer ENNIA set out to establish a fully digital insurance brokerage. The company is bringing this broker to market under the name Sigi: a Caribbean pioneer where the entire insurance process is handled via straight-through processing (STP) and is completely digital, including online payments—all on a single platform.
Most insurers looking to replace their legacy back-office systems are told the same thing: you have to overhaul your entire IT landscape at the same time. Nh1816 didn't want that, and with Novulo, they didn't have to.
