The latest partnership news from Volt for you;
Volt has partnered with insurtech Novee to deploy its AI intelligence layer across its Power & Renewables portfolio. The collaboration aims to transform underwriting efficiency by giving underwriters actionable risk insights while automating manual, data-heavy tasks such as schedule cleansing that feeds directly into CAT and pricing models.
Power & Renewables underwriting often involves vast amounts of fragmented and highly technical information, from engineering surveys and loss reports to extensive schedules of values. Much of this data has traditionally required hours of manual work before it can be analysed or used for CAT modelling and pricing. Novee’s platform is changing that dynamic.
By enabling Volt to semi-automatically cleanse schedules, structuring exposure data, and drawing insights from across every supporting document, it transforms how underwriters interact with complex submissions, making data instantly usable, transparent, and ready for decision-making.
Chris Allison, CEO at Volt, said: “We’re continuing to build out our MGA by adopting the best available technological tools that allow us to work smarter and serve our clients better. We sought an AI platform that could help us to analyse the huge volumes of data involved in the energy underwriting process. Novee helps our underwriters cut through the complexity inherent in submissions by semi-automating processes like schedule cleansing. That lets us focus on applying our judgement where it matters most, which helps us keep pace with the growing volume of submissions we’re seeing.”
Kevin Cleary, COO at Volt, commented: “Novee’s platform not only eliminates repetitive work, but it also adds real intelligence on top by extracting insights, and playing that back to our underwriting team in a clear and consistent manner. It can uncover patterns in engineering and loss data, for example, which strengthen our underwriting decisions.”
Haris Khan, CEO of Novee, said: “The challenge in Power & Renewables isn’t just the volume of information, it’s connecting the dots between it all. Our platform brings structure, context, and automation into a single workflow. Volt has been an exceptional partner in shaping how this technology fits around real underwriting practice, and together we’re building a model for how agentic AI can amplify human expertise across the market.”
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