Company Overview
Snapshot
Founded in January 2024 by Max Kane, Michael Tsibelman, and Alex Broome, Novella operates with 1–10 employees. The company has raised $21M across two funding rounds from seven investors.
Business overview
Novella is an AI-driven insurance wholesaler specializing in excess and surplus (E&S) lines, aiming to modernize the industry by automating policy distribution and risk assessment. The company's core technology provides brokers with direct access to specialty coverage markets, enhancing efficiency through real-time status tracking, integrated communication, and rapid quote turnaround. By leveraging AI, Novella transforms E&S insurance into a more scalable and data-driven industry, serving the financial services sector.
Strategic signal
In March 2026, Novella announced the appointment of Antonio Martinez Descalzo as CEO to lead its expansion. This leadership change signals a strategic move towards scaling operations and market reach, indicating the company's intent to aggressively pursue growth opportunities in the AI-driven insurance sector.
Log in to access full profile ›Company Intelligence Q&A
- When was Novella founded and by whom?
- Novella was founded in January 2024 by Max Kane, Michael Tsibelman, and Alex Broome.
- What is Novella's primary focus in the insurance industry?
- Novella is an AI-driven insurance wholesaler specializing in excess and surplus (E&S) lines, aiming to automate policy distribution and risk assessment to modernize the industry.
- What is the total capital raised by Novella?
- Novella has raised a total of $21M across two funding rounds.
- What recent leadership change occurred at Novella?
- In March 2026, Novella Innovative Technology, Ltd. appointed.