– Leverages AI to analyse insurance policies and consumer personal information/vehicle information to find the best value insurance policy
– Uses API for real-time coverage costs
– Have around 20 insurance companies on their platform includes Zurich, Allianz and Berkley

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.