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Medius Health

AI-powered underwriting and health intelligence for insurance carriers and healthcare providers

Underwriting & Risk Growth Series A
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Overview

Medius Health is an AI-powered enterprise software provider for health insurance carriers, reinsurers, and healthcare organizations, headquartered in North Sydney, Australia with operations in Bengaluru, India. The company builds multi-cloud artificial intelligence platforms that aggregate and analyze health data to support risk prediction, underwriting decisions, and operational intelligence across the health insurance and healthcare sectors.

The company delivers products across augmented underwriting, digital onboarding, and embedded health intelligence, with deployment via SaaS and API-driven integration models. Medius Health combines clinical expertise with AI research capabilities, citing 44,000+ hours of clinical validation against 1.2M+ patient records and review of 50,000+ medical journals. Its team includes medical doctors, published AI researchers, and engineering professionals.

Medius Health raised a Series A round of USD 3M in 2019, backed by Cthulhu Ventures and Carthona Capital, with USD 4.2M raised in total. The company operates across APAC and recruits for AI, engineering, and InsureTech roles.

Products & Services

UW Studio

An AI-powered underwriting platform that employs ensemble machine learning models to support insurance decision-making. The platform provides explainable AI reasoning, allowing underwriters to review and amend AI suggestions while enabling auto-adjudication for high-confidence cases.

Key Features

  • Ensemble machine learning models for risk classification
  • Explainable AI for underwriter transparency
  • Human-machine collaboration with amendable AI outputs
  • Dynamic risk models at point of sale
  • Auto-adjudication for high-confidence decisions

Target Users: Insurance underwriters, carriers, and risk assessment teams

Embedded Digital Onboarding

A white-label solution for health insurers that streamlines customer acquisition and policy management. Provides API-driven connections to existing systems with a configurable policy embedding framework.

Key Features

  • White-label, customer-led design
  • Smart configuration and fast market deployment
  • API-driven integration to existing carrier systems
  • Simplified policy configuration and embedding

Target Users: Health insurance carriers and providers

Embedded Health Intelligence

A mobile-accessible healthcare delivery and patient engagement platform that provides early intervention monitoring and preventive health capabilities for insurers and healthcare providers.

Key Features

  • Advanced health monitoring and early intervention
  • Health intervention APIs
  • Preventive health check accessibility
  • Expanded customer engagement touchpoints

Target Users: Healthcare providers, health insurers, and payers

AI Studio

A pre-built testing sandbox offering pre-trained, production-ready AI models for deployment in insurance and healthcare workflows. Provides a controlled environment for analytics teams to test and validate AI capabilities.

Key Features

  • Controlled sandbox testing environment
  • Pre-trained models on insurance and healthcare use cases
  • Standard REST API access
  • Minimal implementation effort

Target Users: Analytics professionals, data scientists, business stakeholders

At a Glance

Founded
2017
Headquarters
North Sydney, New South Wales, Australia
Employees
11-50
Funding
Series A

Category & Focus

Category
Underwriting & Risk
Subcategories
AI Underwriting Health Analytics Predictive Risk Modeling Digital Onboarding
Insurance Verticals
Health Life & Annuity Reinsurance
Target Customers
Carriers, Reinsurers

Links

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Last updated: 2026-06-15