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Nuvalaw

1 Paternoster Lane, St. Paul's, London, England, EC4M 7BQ, United Kingdom

Overview

Nuvalaw is a multi‑award‑winning LegalTech company operating a cloud‑based claims resolution platform that facilitates online negotiation and arbitration of P&C insurance claims. The platform structures documentation and interactions between parties online, reducing resolution times from over a year to just a few days and delivering cost savings of up to 80%. Nuvalaw has built a roster that includes eight major insurers and seven major law firms and has won multiple industry awards (Insurance Times Claims Partner of The Year; Claims Achievement Award; Legal ClaimsPartner of the Year). The company plans to extend its platform to address a wider range of legal issues using AI and to build new products in the UK. Nuvalaw will use the recently raised capital to accelerate platform development and to support an anticipated entry into the US market. The move targets high litigation and claims resolution costs in the US and aims to help insurers and claims firms slash costs and speed up settlements.

Total raised
$3M
Funding rounds
2
Latest round
Series A
Latest activity
Oct 2023

Industries

  • Information Technology
  • InsurTech
  • Legal Tech
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Recent funding

  1. Series A

    Oct 2023

    $3M

Team