– Insurance claim monitoring platform automatically detects significant losses from malingering, exaggerated, or non-eligible claims and stops unnecessary claim payments, reserves, and adjusting expenses that result in higher premiums.
– Cloud-platform and workflow-tools automate and optimize investigations.
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.
