Noldor, one of New York’s latest AI-powered data aggregators, although that’s possibly doing a disservice to CEO John Horneff and his team, has just been given a cash injection of $10 million from D.E. Shaw. Able to integrate seamlessly into any underwriting authority’s “regardless of their existing tech stack” (hence why the term “data aggregator” doesn’t do them justice) Noldor can give MGAs a boost with the cash as well as growing and becoming more adaptable itself.
Source: Insurance Journal