– A predictive analytics, decision support and workflow automation provider to help commercial insurers, MGAs, PEOs, TPAs and insurance pools automate underwriting, reduce costs and optimising operations.
– Two SaaS platforms – Claims Management and Underwriting – which are served by a dataset of tens of millions of claims, as well as additional economic, health and litigation datasets – offer intelligent predictions for claims management, risk ranking, case-level reserving, medical treatment indicators, subrogation, large losses, settlement, fraud and litigation.

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.