Nuon AI

📍 UK, United Kingdom🗓 Founded 2020👥 9 employees💰 Last funded Sep 2021
Software Development🌐 nuon.ai
Website LinkedIn
Nuon's vision is to apply AI at every stage of the Insurance Product Lifecycle, from the quote and purchase stage to claims and renewal. Today Nuon's AI supercharges any insurance company's pricing intelligence. For example, in an aggregator environment, Nuon's AI engine finds millions of potential profit gains for the insurer across it's product lines. Once connected (via API), Nuon AI learns fast as it runs live experiments learning which factors are or are not performing, which quotes are or are not accepted. Insurers can choose to apply changes live at the quote stage or review retrospectively as validation for underwriting. Conservatively, insurers using Nuon can expect to see profitability increase by an average of 1-4% per annum per product line. But the potential is much greater. Nuon provides insurers, MGA's and brokers with deep insight and competitive advantage like adding an advanced' digital brain' to pricing performance.
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Total investors
2
Early stage
0
Mid stage
0
Late stage
2020
Founded

Investors

2 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
United Kingdom
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Frequently asked questions
Who invested in Nuon AI?
Nuon AI has 2 investors on record on gritt.io, including 2 early-stage backers.
When did Nuon AI last raise funding?
The most recent investment in Nuon AI recorded on gritt.io was in September 2021.
When was Nuon AI founded?
Nuon AI was founded in 2020.
What industry is Nuon AI in?
Nuon AI operates in Software Development. Find similar Software Development investors on gritt.io.
Where is Nuon AI based?
Nuon AI is headquartered in UK, United Kingdom.