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Novea Inc Reg A+ Offering Is Qualified by the SEC for Up to $15 Million

Novea Inc Reg A+ Offering Is Qualified by the SEC for Up to $15 Million

PRESS RELEASE GlobeNewswire

Jan. 8, 2018, 11:52 AM

CHEYENNE, Wyo., Jan. 08, 2018 (GLOBE NEWSWIRE) — Novea Inc, the developer of the Jacana Warranty App, is pleased to announce our Form 1-A Offering Statement is qualified at $3.00 per share.  Regulation A+ allows companies to offer shares to the general public.  The offering will be made only by means of an offering circular.

CEO Howard Nunn stated, “This qualification is an important step in Novea’s capital formation process.  Our goal with the proceeds of this offering is to continue integration of Jacana Warranty’s digital insurance platform across multiple ecommerce retailers, as well as expand on licensing opportunities with insurance carriers and rolling out our advertising program to make Jacana Warranty a household name.”

Novea Inc has also obtained DTC Eligibility, received a CUSIP and engaged a transfer agent to assist in delivery of stock certificates for new shareholders.  Novea has reserved a ticker symbol with the New York Stock Exchange in anticipation of a future public listing.

For additional information on Novea Inc., the offering and any other related topics, please review the Form 1-A offering circular that can be found at the following location:

www.sec.gov/novea

About Novea Inc.

Novea Inc. is a financial services software company which has developed the Jacana Warranty App (www.JacanaWarranty.com) with the goal of becoming the consumer’s choice in the extended warranty market. With its cutting-edge CRM system’s fast and convenient service, Jacana Warranty puts the warranty buying power back in the hands of the consumer. Novea has established Jacana Insurance, a wholly owned subsidiary of Novea, Inc. as a captive specialty insurance carrier.

Forward-looking statements

Certain statements in this press release including, but not limited to, statements related to anticipated commencement of commercial production, targeted pricing and performance goals and statements that otherwise relate to future periods are forward-looking statements. These statements involve risks and uncertainties, which are described in more detail in the Company’s periodic reports filed with the SEC, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Forward-looking statements are made and based on information available to the Company on the date of this press release. Novea Inc. assumes no obligation to update the information in this press release.

For additional information…

John McDermott, Investor Relations

(858) 472-1694

Novea Inc.

Info@noveaincusa.com

www.NoveaIncUSA.com

THE INSURTECH REPORT: How financial technology firms are helping

Yahoo Finance News:

THE INSURTECH REPORT: How financial technology firms are helping — and disrupting — the nearly $5 trillion insurance industry

The global insurance industry is worth nearly $5 trillion, and insurance companies are at risk of losing a share of this valuable market to new entrants. That’s because these legacy players have been even slower to modernize than their counterparts in other financial services industries.

This has created an opportunity for a group of firms known as insurtechs. These startups are leveraging new technology and a better understanding of consumer expectations to increase efficiencies in the insurance industry. Some are helping incumbents deliver better end products, while others are directly competing with legacy players.

In a new report from BI Intelligence, we look at the drivers behind the increasing number of insurtech companies, how they are helping or disrupting legacy players in the insurance industry, and where legacy players are innovating off their own backs.

Here are some of the key takeaways:

  • The opportunity is currently biggest in the US and Europe. That’s because these regions have large, very mature insurance industries.
  • Insurtechs’ products and services mostly target retail customers. This includes small businesses and consumers.
  • Most insurtechs are acting as enablers. This means that they offer products and services that help insurers and reinsurers improve their processes and better serve customers.
  • Of the main players in the insurance industry, brokers are most at risk of disruption. This is because insurtechs can easily replicate their services and are solving historical industry problems faster than legacy players.
  • Legacy players are also innovating. In particular, insurers and reinsurers are investing in insurtechs and fintechs working with relevant technologies. At the same time, they are improving their own direct-to-consumer digital interfaces, increasing their disruptive threat to brokers.

 

  • Explains the structure and current state of the insurance market.
  • Highlights areas where insurtechs can help legacy players modernize.
  • Describes where insurtechs are competing with incumbents and how their models compare.
  • Provides case studies of insurtechs.
  • Outlines the legacy response.
  • And much more.

 

Ref: Yahoo Finance

Novea Inc Provides Jacana Warranty Operational Updates

Nov 17, 2017

Cheyenne, Wyoming, Nov 14, 2017 (Globe Newswire)

Novea Inc, developer of the Jacana Warranty app, is pleased to provide the following operational updates.  The Jacana Warranty app has recently been released over multiple mobile platforms and integrated with some of the worlds largest internet retailers.  The Jacana Warranty app is in full launch worldwide and Jacana Insurance has started issuing extended warranty agreements.

Novea Inc. is in the process of implementing a robust marketing  plan for the Jacana Warranty app. This consists primarily of leveraging the online platforms that are already promoting us and online social media marketing.

Novea Inc. Is in discussions to provide warranties and Third-Party Administration of warranties to the manufacturing sector and looking to offer private label licensing opportunities to the insurance sector.  Novea Inc has made numerous strides on the operational front (CRM systems) over the previous two years.

We look forward to keeping our shareholders informed by providing corporate updates as we move forward with the marketing and branding of the Jacana Warranty app and continue on the path of becoming a publicly listed company.

About Novea Inc.

Novea Inc. is a financial services software company which has developed the Jacana Warranty app (www.JacanaWarranty.com) with the goal of becoming the consumer’s choice in the extended warranty market.   With its cutting-edge CRM system’s fast and convenient service, Jacana Warranty puts the warranty buying power back in the hands of the consumer.  Novea has established Jacana Insurance, a wholly owned subsidiary of Novea, Inc. as a captive specialty insurance carrier.

Forward-looking statements

Certain statements in this press release including, but not limited to, statements related to anticipated commencement of commercial production, targeted pricing and performance goals and statements that otherwise relate to future periods are forward-looking statements. These statements involve risks and uncertainties, which are described in more detail in the Company’s periodic reports filed with the SEC, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Forward-looking statements are made and based on information available to the Company on the date of this press release. Novea Inc. assumes no obligation to update the information in this press release.

For additional information…

John McDermott, Investor Relations

(858)472-1694

Novea Inc.

Info@noveaincusa.com

Novea Inc – Corporate Overview Video for CrowdFundingRegA.com

Novea Inc. disrupts the extended warranty industry

CHEYENNE, Wyo., May 12, 2017 (GLOBE NEWSWIRE) — Novea Inc. launches the new Jacana Warranty App to revolutionize the way extended warranties are purchased, and serviced.

Howard Nunn, President of Novea Inc, developer of the Jacana Warranty App (www.JacanaWarranty.com), announced today, “American consumers purchase $40 billion dollars per year in extended warranties. Up to $20 billion dollars are paid out in commissions to middlemen, IE: retail dealers. The Jacana Warranty App eliminates the middleman, saving consumers billions (or 50%) on extended warranties!”

The extended warranty industry is a $40-billion-dollar market in the U.S. Traditional extended warranty companies pays up to a 50% commission to retail dealers. The Jacana Warranty App eliminates the dealer markup, which in turn passes tremendous savings directly to the end user, the consumer.

The free Jacana Warranty App is available online for both Apple and Android smart devices via either iTunes or Google Play.  Jacana Warranty has incorporated a cutting edge CRM (Customer Relations Management) system which includes fast and convenient warranty service scheduling options.

For additional information on becoming a Novea, Inc. shareholder, visit…
www.NoveaIncUsa.com

About Novea Inc.

Novea Inc. A financial services software company which has developed the Jacana Warranty App (www.JacanaWarranty.com) with the goal of becoming the consumer’s choice in the extended warranty market.   With its cutting edge CRM system’s fast and convenient service, Jacana Warranty puts the warranty buying power back in the hands of the consumer by taking full control of the entire warranty process.

Forward-looking statements

Certain statements in this press release including, but not limited to, statements related to anticipated commencement of commercial production, targeted pricing and performance goals, and statements that otherwise relate to future periods are forward-looking statements. These statements involve risks and uncertainties, which are described in more detail in the Company’s periodic reports filed with the SEC, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Forward-looking statements are made and based on information available to the Company on the date of this press release. Novea Inc. assumes no obligation to update the information in this press release.

 

For investor inquiries, please contact:
info@NoveaIncUsa.com

NOVEA INC. CUSIP . 67001L 101

Investing in shares of Novea Inc. involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment.
Furthermore, investors must understand that such investment could be illiquid for an indefinite period of time.
No public market currently exists for the securities, and if a public market develops following this offering, it may not
continue.

 

 

 

For more information click this LINK

Novea Inc is qualified by the SEC under Regulation A+, and ready to IPO in 2017

Novea Inc. a cutting edge software company, and the developer of the Jacana Warranty App (www.JacanaWarranty.com), is proud to announce that it has recently been qualified by the SEC for “crowdfunding” under Tier 1 of Regulation A+.

The extended warranty market in the US is a $40 billion dollar industry, where 50% commission is made from the dealer mark-up.

Jacana Warranty App will cut out the middle man allowing the consumer to get the same extended warranty insurance coverage for all manner of electronic based products, including smart phones, computers, and appliances, providing the consumer with a 50% saving that they currently pay, therefore the potential growth of Novea Inc is enormous. 

The Jacana Warranty App is available online free for both Apple and Android smart devices via either iTunes or Google Play.

Aiming for quick completion of the listing process on the OTC in Q1 2017, Novea has engaged an auditor, transfer agent, and FINRA member firm.

2016 in Review:

Achieved rights to issue warranty insurance

Developed robust proprietary CRM system September 2016

Jacana Warranty App launched October 2016

Increased our insurance and tech skills with the addition of Jermaine McDonald as Chief Operating Officer. Mr. McDonald brings more than a decade of background in insurance and warranty, particularly in specialty risk encompassing loss control, operational risk, claims management, internal/external audits, and SOx compliance. Mr. McDonald will be responsible for business development.  He complements our CEO, Howard Nunn, who has decades of direct experience in building customer service/value.

2017 Business Outlook:

Implement marketing plan for the Jacana Warranty App

Private label the App for Third Party Administrator (TPA) and specialty insurance partners

Expand relationship with electronics manufacturers to provide both embedded insurance and extended warranty options.

About Novea, Inc.

Novea, Inc. a cutting edge software company has developed the Jacana Warranty App (www.Jacana Warranty.com) as the consumer’s choice in the extended warranty market. Novea eliminates the retailer’s position, a $40 billion dollar marketplace where currently 50% of the commission is paid to retailers. With the goal of bypassing the retailer, Novea looks to create a disruption in the current model, passing the savings along to consumers and the profit potential to Novea’s shareholders. With its cutting edge CRM system’s fast and convenient service, Jacana puts the warranty buying power back in the hands of the consumer by taking full control of the entire warranty process. For more information, visit www.noveaincusa.com.

Forward Looking Statements
Certain statements in this press release including, but not limited to, statements related to anticipated commencement of commercial production, targeted pricing and performance goals, and statements that otherwise relate to future periods are forward-looking statements. These statements involve risks and uncertainties, which are described in more detail in the Company’s periodic reports filed with the SEC, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Forward-looking statements are made and based on information available to the Company on the date of this press release. Novea Inc. assumes no obligation to update the information in this press release.

Novea Inc is qualified by the SEC under Regulation A+

Novea Inc are proud to announce that on the 7th of September 2016 we have been qualified by the SEC under Tier 1 of Regulation A+

 

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