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Novee is an AI-powered underwriting platform for commercial and specialty insurance. It helps underwriters process complex submissions by converting documents and other unstructured data into structured information for risk assessment, analysis, and downstream workflows. The platform is designed to support underwriting decisions across areas such as property, power and renewables, and political violence and terrorism.
Key capabilities include extracting data from submissions, evaluating risk quality, appetite, and underwriting guidelines, comparing contracts to identify material changes, and automating repetitive underwriting tasks based on risk context and confidence scores. Novee also provides traceable insights that can be linked back to source data, supports portfolio and pipeline reporting, and integrates with Outlook to fit into existing work processes. By organizing technical information and highlighting relevant exposures, the platform helps improve underwriting productivity, consistency, governance, and decision-making.
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