– REIN platform is built to use unstructured business data to better understand risk, specifically the emerging risks linked to continued technological advancement within mobility, robotics and online ecosystems
– Launched its first digital product, DroneInsurance in 2018, offering tailored commercial drone coverage in partnership with Liberty Specialty

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.