– Proactive commercial insurtech using data to help with risk management in construction, manufacturing, agriculture, industrial and more hard to insure industries
– App lets insureds submit a claim and contact a medical professional at the time of the incident
– Leverages data from sister company Safesite to predict incidents, highlight risks and inform underwriting, states it has been able to reduce workers’ comp incidents by up to 57%
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.
