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AIFT

Cybersecurity and insurance protection for AI, Web3, and digital assets across Asia-Pacific and the Middle East.

Specialty Solutions Growth Series B
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Overview

AIFT (AI Financial Technology Holding Company) is a multi-business-unit insurtech group providing cybersecurity and insurance coverage for AI, Web3, and digital asset risks. The company operates across Asia-Pacific and the Middle East, serving carriers, enterprise AI developers, and consumers through four distinct business units. Originally founded in 2016 as AI Financial Technology and operating under the OneDegree Group brand, the company rebranded to AIFT in 2024 to reflect its expanded focus on AI-driven security.

The group delivers products across three primary verticals: virtual insurance for consumers (OneDegree), digital asset and AI risk insurance (OneInfinity), and generative AI security solutions (Vulcan Lab). AIFT also operates an insurance core system platform (IXT) for B2B carrier clients, powering cloud-based insurance operations for regional insurers. The MAMORI.AI platform provides the risk intelligence layer for its Web3 insurance offerings.

AIFT closed a Series B round totaling USD 55M in June 2023 and received a strategic investment from Dubai Insurance Company in December 2024. The group reported 54% year-on-year revenue growth in Q2 2025, driven by record adoption across its OneInfinity and Vulcan Lab units. OneDegree achieved a 92% customer renewal rate in its pet insurance product in Hong Kong.

Products & Services

OneDegree Virtual Insurance Platform

A B2C virtual insurer licensed by the Hong Kong Insurance Authority. OneDegree is the market-leading pet insurance provider in Hong Kong and uses proprietary AI systems for underwriting and policy management. The platform distributes insurance entirely online and has achieved industry-leading customer retention.

Key Features

  • Purely digital distribution with no physical agent network
  • Proprietary AI underwriting engine
  • 92% customer renewal rate in pet insurance

Target Users: Hong Kong consumers

OneInfinity Digital Asset and AI Risk Insurance

A digital asset and AI risk insurance platform, recognized as the second globally and first in Asia and the Middle East to offer AI risk insurance products. OneInfinity provides coverage for blockchain-based assets and AI-related liabilities, with dedicated AI cyber insurance products launched in January 2026.

Key Features

  • Coverage for digital assets, blockchain assets, and AI-related risks
  • Dedicated AI-related cyber insurance (launched January 2026)
  • Operations across Asia and the Middle East

Target Users: Enterprises deploying AI systems, digital asset holders, regional carriers

Vulcan Lab GenAI Security

A generative AI security unit delivering risk assessment, red-teaming, and AI threat detection for enterprise and sovereign AI deployments. Vulcan Lab uses patented test case generation technology to execute multilingual adversarial prompt testing.

Key Features

  • AI security red-teaming with patented attack-prompt generation
  • Multilingual testing (Arabic, Chinese, English, Hindi, Korean)
  • Partnerships with leading Middle East AI institutions

Target Users: Enterprise AI developers, sovereign AI model operators

IXT Insurance Core Platform

A cloud-native insurance core system and SaaS platform for insurer clients. IXT provides modern, cloud-based policy administration and operational infrastructure for regional carriers seeking to modernize their technology stack.

Key Features

  • Cloud-native core system architecture
  • B2B SaaS delivery model
  • Regional carrier integrations

Target Users: Insurance carriers in APAC

MAMORI.AI Web3 Risk Intelligence

A proprietary AI-powered risk intelligence platform that underlies OneInfinity's digital asset insurance offerings. MAMORI.AI assesses risk exposure across blockchain-based assets and emerging digital technologies.

Key Features

  • AI-driven risk assessment for Web3 assets
  • Integration with OneInfinity insurance products
  • Blockchain platform integrations

Target Users: OneInfinity insurance underwriting operations

At a Glance

Founded
2016
Headquarters
Hong Kong
Employees
51-200
Funding
Series B

Category & Focus

Category
Specialty Solutions
Subcategories
Cyber insurance Digital asset insurance Insurance core systems AI risk
Insurance Verticals
P&C Commercial Specialty/E&S
Target Customers
Carriers, Consumers

Customers

  • Yes,Sure (Korea) -- powered by IXT platform
  • Hong Kong consumers (OneDegree pet insurance)
  • Asian and Middle Eastern carriers (OneInfinity)
  • Enterprise AI developers (Vulcan Lab)

Last updated: 2026-05-17