Well, I suppose so. Levemir is a basal insulin with a more constant action compared to older NPH (e.g. fewer nighttime hypos) , and Novorapid is a fast acting insulin with faster onset than the old human insulin (e.g. no more injecting insulin half an hour before meals). Basal bolus is more flexible than mixed insulins (that is to say, mixed insulins are a subset of basal bolus) but less flexible than a pump.
There are other insulins with longer action (Lantus and the new Insulin degludec) or more rapid onset (Apidra) but that's not necessarily better - that is to say, which insulin is best suited depends on your individual situation. If you are having specific problems than we might be able to comment on whether other insulins are more suitable.