– Insurance-as-a-Service to digital platforms focused on all-in-one customer id verification in mobility and sharing economy
– Its APIs provide identity authentication, generate risk profiles for participants, develop risk scoring, a decision engine for underwriting rules and dynamic pricing for individual transactions, deliver protection packages and handle claims
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.
