– Maps insurable threats and risk exposures using AI against a scoring index – the ‘Cowbell Factor’
– Risk pool of 10 m continuously monitored organizations and its network of more than 4,500 agents and brokers that now distribute
– In 2020 they launched Cowbell Prime 100, a tool that will enable insurance agents to issue personalised cyber policies with limits up to $5m
– Sep2020 launched a new standalone cyber insurance product, Prime 250, to address the diversity of incidents that fall under the term ‘Cyber’. Offered in partnership with Benchmark Insurance Company and Obsidian Insurance Company
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.
