Insurtech Gateway

"As the modelling landscape expands the industry needs reliable infrastructure, not more noise."

"Marine weather errors cost the industry over £1.2 billion a year and that figure’s growing. A single bad forecast can halt operations, with each idle vessel costing £100K–£700K per day depending on asset class, project stage, and insurance liabilities. We’re solving that with precision forecasting that adapts to local conditions in real-time."

"Novee is building the AI intelligence layer for underwriting, giving insurers the speed, clarity and control they need to assess complex risks with confidence. With support from 42Cap and Insurtech Gateway, and in close collaboration with leading insurers, we’re not just streamlining underwriting workflows but helping our customers unlock growth and write better business. This funding allows us to accelerate product development, expand across other classes of business and deepen our partnerships with leading insurers."

"We are thrilled to have the support of Molten Ventures and Lloyd's, two powerhouses in innovation and insurance, respectively. This investment will accelerate our ability to build sophisticated risk models for the renewable energy sector, empowering stakeholders to navigate the complex challenges of disaster risk with confidence."

"We believe there is no single systemic challenge more pressing or fascinating to solve for than our ageing population. We are thrilled to have secured funding that allows us to continue building the tools families need to meet their obligations of care for loved ones without sacrificing their health. With the formal announcement of Jose Ribeiro as Chairman of Yurtle, this is truly a mission to give others what we wish our family had access to in its time of need"