A vertical AI company building underwriting infrastructure for AI risk
CoverVector
Confidence to scale AI. Clarity to insure it.
Built at the intersection of AI and insurance, with first-hand depth in both. We help enterprises understand their AI exposure and give carriers the structured data they need to underwrite it.
Patent pendingEngine liveCarrier pipeline active
AI exposure is growing. The ability to underwrite it is not.
Enterprise AI adoption
AI risk scoring capability
No scoring standard, no structured data, no shared language for AI risk exists today. Companies lack the confidence to scale. Carriers hesitate to underwrite. Both sides lose.
Market opportunity
Cyber insurance is projected at ~$30B by 2030. AI is spreading faster across enterprises, creating a risk category that could rival or exceed it.
Source: Munich Re, Cyber Insurance: Risks and Trends 2025
CoverVector
THE THESIS
What we built
VectorIQ, a patent-pending AI risk scoring engine. Scores enterprise AI exposure across proprietary dimensions and outputs a carrier-grade submission dossier. CoverVector is building early underwriting infrastructure for a category the market is only beginning to define.
Traction
CoverVector is in active evaluation with leading carriers and brokers, including live scored walkthroughs, early design-partner discussions, and commercial pathways across advisory, placement, and infrastructure licensing. Active discussions include Zurich, Ryan Specialty, Tokio Marine, and Lockton.
Go to market
Advisory subscriptions from day one (recurring). Placement commissions on every policy placed, with renewals recurring annually. Then license VectorIQ as scoring infrastructure to carriers, positioned to become the market standard.
Founder
Neeren Chauhan. Ex Tokio Marine, Zurich, Allstate, McKinsey. Built and led AI governance programs at major carriers. Licensed P&C producer. Rare combination of AI depth and insurance underwriting experience.
VectorIQ · Patent Pending
The actuarial-grade scoring standard for AI risk.
Credit Risk
FICO
Cyber Risk
SecurityScorecard
AI Risk
VectorIQ
AI risk is embedded in decisions, operations, controls, and third-party dependencies. Most approaches stop at the surface. VectorIQ disaggregates what's underneath and structures it for underwriting.
Assess
Multi-dimensional evaluation across business, operational, technical, and governance factors.
Calibrate
Industry-specific scoring adjusted for sector, use case, and regulatory environment.
Verify
Evidence-based validation through documentation, operating data, and independent verification.
Structure
Carrier-ready output designed for real underwriting decisions, not a governance checklist.