RemitRix

AI-driven risk management and regulatory compliance platform for insurance carriers

Compliance & Regulatory Startup Bootstrapped

Overview

RemitRix is a financial risk management and regulatory compliance SaaS platform for insurance carriers, pension funds, and other financial institutions. The company, founded in 2017 and based in Ramat Gan, Israel, targets risk managers, actuaries, and CFOs who need to manage capital requirements and meet regulatory standards such as Solvency II and IFRS 17.

The platform automates actuarial workflows that were previously handled manually, including capital projections, asset-liability management (ALM), stress testing, and regulatory reporting. Core capabilities include real-time portfolio analysis, scenario modeling using natural language processing, automated report generation, and financial instrument pricing for bonds, options, FX forwards, and swaps. Remi, the company's AI copilot, handles complex financial modeling tasks and is positioned as an autonomous risk professional.

RemitRix operates as a bootstrapped startup with approximately USD 473K in total capital raised through seed and grant funding. The company reports USD 880K in annual revenue as of 2025 with a team of 8. Customers include Israeli carriers Ayalon Insurance, Shirbit Insurance, and Direct Insurance. RemitRix has received backing from Plug and Play Tech Center and RevTech Labs, and won the Bermuda BDA Prize at the InsurTech NY Early-Stage Competition in 2021.

Products & Services

Remi -- Autonomous Risk Professional

An AI copilot for financial risk and actuarial work within insurance carriers. Remi handles portfolio analysis, solvency calculations, scenario design, pricing, and market intelligence using machine learning.

Key Features

Portfolio analysis and risk exposure assessment
Solvency calculations and capital projections
Interactive scenario modeling via natural language
Market intelligence and pricing support
Automated report generation (Word/PDF)

Target Users: Actuaries, risk managers, CFOs at insurance carriers

Edge / Edge+

Core risk management platform offering asset-liability management, stress testing, regulatory reporting, and capital projections. Edge+ provides enhanced capabilities for more complex institutional requirements.

Key Features

Asset-liability management (ALM)
Stress testing and scenario analysis
Regulatory reporting (Solvency II, IFRS 17)
Capital requirement projections
Built-in audit trails and traceable outputs

Target Users: Risk managers and actuaries at carriers and pension funds

Horizon

A risk assessment tool supporting comprehensive analysis across multiple risk dimensions.

Key Features

Broad risk analysis coverage
Integration with core platform data

Target Users: Risk professionals within insurance organizations

At a Glance

Founded: 2017
Headquarters: Ramat Gan, Tel Aviv, Israel
Employees: 1-10
Funding: Bootstrapped

Category & Focus

Category: Compliance & Regulatory
Subcategories: Capital management Actuarial risk modeling Regulatory reporting
Insurance Verticals: Life & Annuity P&C Commercial Reinsurance
Target Customers: Carriers