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