– Free Mobile driver score that measures driving behavior in order to buy low-cost car insurance policies
– All its potential users drive 150km, which is then analyses to give a score out of 100. Dependent on the score, drivers can get a discount on their insurance, and earn further discounts in online stores, restaurants and more. Scores are calculated based on acceleration, braking, speed, cornering control and 20 other metrics
-The in-app Driver Assistant gives drivers tips on where they can improve
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.
