– Risk Management Solutions to ensure food production through Index Based coverages
– Uses predictive analytics to predict yield losses in crop production due to weather/climate change.
– Cloud platform manages petabytes of satellite images and data sets, leveraging AI for interpreting, identifying and organizing relevant information
– Provide access to specific real-time and historical crop data.
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.
