OneDegree Group, a cybersecurity and insurance technology company, has rebranded as AIFT.
This aligns with its focus on artificial intelligence (AI) and expanding presence in markets such as the UAE, Singapore, Malaysia, Vietnam, Hong Kong, Taiwan, and South Korea.
Founded in 2016 as AI Financial Technology, the company initially used the trading name of its insurance arm, OneDegree.
The new AIFT branding marks its shift towards AI-driven security and emerging trends like AI, Web 3.0, and future technologies.
AIFT’s businesses include Cymetrics, which offers AI-powered cybersecurity solutions; IXT, providing insurtech services to improve insurer performance; MAMORI.AI, a risk intelligence platform for investors and regulators; and OneDegree, a virtual insurer known for its dominance in pet insurance.
OneInfinity insures digital assets in Asia and the Middle East, while OneSavie specialises in Web 3.0 risk management.
AIFT’s AI technology is embedded across its services. Cymetrics recently launched Vulcan, a platform to assess AI model vulnerabilities.
Meanwhile OneInfinity’s AI-driven risk platform MAMORI.AI is licensed globally to regulators and asset managers.
OneDegree has also reached profitability this month through AI-driven operational efficiency.
The group’s advancements are supported by partnerships with tech giants like Microsoft, Amazon, and Google.
Alvin Kwock, Co-founder and CEO, AIFT said,
“We are thrilled to unveil our AIFT branding, which cements our confidence in and commitment to mega trends such as AI and Web 3.0. We first identified the transformational power of these mega trends when we founded the group in 2016.
With the team’s relentless focus and creativity, we are seeing fruition in innovative products and strong partnerships. We are excited to take the next step of our journey together under the AIFT brand.”
Alex Leung, Co-founder and CXO, AIFT, added,
“The AIFT rebrand represents a pivotal moment in our evolution, showcasing how far we have come in our mission to build the security layer of the future. Our new identity embodies our commitment to innovation and our belief that technology, with AI at its core, will shape the future.
We see AI not simply as a tool, but as an essential agent that accelerates innovations, transforms industries, and empowers individuals to overcome the critical challenges of tomorrow.”
Featured image credit: Edited from Freepik
