– A cyber security company that specializes in protecting digital assets on premise or in the cloud.
– Uses machine learning to learn a user’s access patterns (file activities, login time, data base, ssh, web apps etc.) continuously, thereby minimise false alarms whilst still detecting suspicious behaviours.
– Yaxa solution has utility for insurers to understand the client’s cyber risk from inside, before underwriting cyber insurance policy for better risk and loss control.

Novee AI Raises £1.6M to Build Intelligence Layer for Commercial and Specialty Underwriting
Novee AI, a London-based insurtech startup, has secured £1.6 million in pre-seed funding to develop its AI-powered risk assessment platform for commercial and specialty insurance. The round was led by early-stage B2B SaaS investor 42Cap, with additional backing from Insurtech Gateway, a prominent investor in insurance technology.