Max Kane

CEO of @withnovella - Complicated Insurance Made Simple || Occasionally blog:

[Max Kane @maxekane]

Novella raised $21M to give insurance brokers super-powers.

We’ve spent the last two years working with insurance brokers and carriers to answer their one question - how will AI impact my job?

Today, we’re sharing the answer:

[Max Kane @maxekane]

Every problem in insurance comes back to pairing risk with capital.

It's conceptually really simple and practically really really hard.

If we can build AI to solve that, we completely change how people think about risk.

[Hannah Chelkowski @hchelkowski]

Congratulations on your Series A @maxekane & team @withnovella!

AI is changing how risk is underwritten, and Novella is building the new broker engine to accelerate the change!

[Max Kane @maxekane]

@cyrusjohnson Appreciate that!

[Max Kane @maxekane]

Novella raised $21M to give insurance brokers super-powers.

We’ve spent the last two years working with insurance brokers and carriers to answer their one question - how will AI impact my job?

Today, we’re sharing the answer:

[Max Kane @maxekane]

@cjquinn10 @muteventures Thanks for being an early believer

[Max Kane @maxekane]

And because I obviously missed a tag @blank_vc is the best partner out there!

[Max Kane @maxekane]

https://t.co/fsspJoZ8hq

[Nicolas Nemni @nicolasegosum]

$21M for Novella.

E&S insurance is a $150B+ market still run on email, and spreadsheets. It's a $150B+ inbox.

Capital is fuel. Here's the destination.

We're building the operating system for E&S. Fast, open, AI-native.

Huge thanks to our investors, retail agents & carriers.

[Max Kane @maxekane]

@Nick_Lamparelli Theoretically, yeah. But most insurtechs are not really AI native. Even systems built 5 years ago need to be scrapped and entirely rebuilt for AI. The recency advantage here is so strong given the pace technology is moving

[Max Kane @maxekane]

https://t.co/pI1Oj4w44G

[Max Kane @maxekane]

@insurtechbro Exactly! Let behavior change over time, don't force it

[Max Kane @maxekane]

So much has been written about how AI will change services. I decided to share our playbook and how we think it will develop over the next decade.

[Max Kane @maxekane]

https://t.co/pI1Oj4w44G

[Max Kane @maxekane]

https://t.co/pI1Oj4w44G

[Max Kane @maxekane]

Crosby team is crushing, congrats @ryanjdaniels and @jsarihan!

Proud to be a small day 1 supporter

[Ryan Daniels @ryanjdaniels]

📣 Update: we raised our $60m Series B from @Lux_Capital, @IndexVentures and @01Advisors, with participation from @sequoia, @eladgil and @BainCapVC .

When we came out of stealth 283 days ago, we had negotiated contracts worth $30m for our clients. As of last month, that number is over $1 billion.

We work with the most ambitious companies in the world, including @tryramp, @clay and @RogoAI. Today, we want you to hear from some of them directly.

Contracts are the rails of commerce. @crosbylegal is a hybrid AI law firm that gets them signed 80% faster. We’re announcing our Series B to keep scaling the dream law firm.

[Ryan Daniels @ryanjdaniels]

📣 Update: we raised our $60m Series B from @Lux_Capital, @IndexVentures and @01Advisors, with participation from @sequoia, @eladgil and @BainCapVC .

When we came out of stealth 283 days ago, we had negotiated contracts worth $30m for our clients. As of last month, that number is over $1 billion.

We work with the most ambitious companies in the world, including @tryramp, @clay and @RogoAI. Today, we want you to hear from some of them directly.

Contracts are the rails of commerce. @crosbylegal is a hybrid AI law firm that gets them signed 80% faster. We’re announcing our Series B to keep scaling the dream law firm.