---
title: Novella raises $21 million to automate complex insurance with AI brokers
description: "\"Discover how Novella's $21 million funding will revolutionize the $150 billion E&S insurance market with AI technology, streamlining manual underwriting processes.\""
---

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# [Novella raises $21 million to automate complex insurance with AI brokers](https://insnerds.com/news/novella-raises-21-million-automate-complex-insurance-ai-brokers)

 Written by [Insurance Nerds Editorial Team](https://insnerds.com/news/author/insurance-nerds-editorial-team) | May 14, 2026 1:44:11 PM

## 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](https://www.calcalistech.com/ctechnews/article/bjo3aefyge)

[View full post](https://insnerds.com/news/novella-raises-21-million-automate-complex-insurance-ai-brokers)

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