– home, condo and renters insurance from $5 a month
– Claims to save renters 45%
– Leftover premiums given back to customers in annual member dividend
– Plans to add home owners insurance in the future

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.