AIUC raised $40M to sell agent insurance underwritten by quarterly audits.

Rune Kvist (former Anthropic) and Rajiv Dattani (ex-METR COO) announced the Series A led by Ribbit Capital and First Harmonic on September 16, 20 staff, customers including Cursor, Harvey, Lovable and ElevenLabs. Their AIUC-1 standard certifies agents on security, safety and reliability through quarterly jailbreak, hallucination and data-leak testing, updated every quarter rather than every decade, so insurers like Lloyd's can underwrite deployments. Kvist's thesis is Waymo-shaped: superhuman capability doesn't unblock deployment when liability is unresolved. He also notes copyright is effectively uninsurable, because the companies most eager for coverage are the likeliest to infringe. That last line is the most honest sentence in AI insurance so far.