– Insurance-as-a-Service platform helping businesses target low to moderate income individuals, offer a variety of no-cost insurance protection in return for loyalty and engagement
– White-label and co-branded insurance programs
– Addressing issue of under or uninsured americans

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.