– Builds tailored Claim Guidance Systems leveraging AI and ML, providing Insights, Triage, and Auto-Adjudication services
– Provides vertical fraud detection and investigation platform for claim handling
– Predictive analytics based on historical claims, deep unstructured data analysis and third party proprietary data
– IQInvestigate automates Intelligent Malingering Detection across entire open claim books. IQPriority is a claims guidance system in General Liability, Workers Compensation and Disability lines of business.
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.
