– Monitors US/Canadian properties for hail damage so that insurance carriers and mortgage companies can take action. Aggregates data from 3rd parties.
– Predictive hail analytics, insights to Triage claims and reduce loss adjustment, data to identify high-risk policies
– Currently monitors 2.7 million structures. Sells to both insurers and private property owners, as well as mortgage providers.
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.
