InsurTech Magazine August 2025 | Page 39

TOP 10 – INSURTECH STARTUPS

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QUANTEXA

Latest Funding: US $ 175m Series F( March 2025) CEO: Vishal Marria Founded: 2016
Quantexa addresses one of the financial world’ s most persistent challenges: identifying sophisticated criminal networks that hide behind complex transaction patterns and false identities. The Londonbased company developed AI that connects seemingly unrelated data points, creating comprehensive views of entities and their relationships across multiple systems. Clients achieve indemnity savings exceeding US $ 100m annually through automated fraud detection and claims processing. Underwriting conversion rates increase up to 50 %, while straight-through processing capabilities handle routine claims without human intervention. The system provides 360-degree risk monitoring accross portfolios.
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