Novella raises $21 million to automate complex insurance with AI brokers

Picture of Insurance Nerds Editorial Team Insurance Nerds Editorial Team : May 14, 2026 9:44:11 AM

Novella raises $21 million to automate complex insurance with AI brokers

Novella Secures $21 Million to Enhance E&S Insurance with AI Technology

Novella, a startup focused on the excess and surplus (E&S) insurance market, has raised $21 million in funding. The company aims to automate the complex insurance landscape that traditionally relies on manual underwriting using AI-based brokers. Novella is targeting a sector valued at $150 billion.

Original Source: https://www.calcalistech.com/ctechnews/article/bjo3aefyge
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