– A provider of custom insurance coverage and services for high-value items, eg high-value homes, art, jewellery, cyber and personal excess liability coverage.
– Reciprocal insurance exchange’ model – groups together families with similar assets and lifestyles for preferred pricing structures and potential money back during profitable years.
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.
