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Catamaran

Acquired

The AI-powered risk decision platform

Summer 2023Founded 20235 peopleLondon, England, United Kingdom

About

Catamaran uses AI to help people make clearer, faster decisions about risk. Our platform brings all internal and external risk data into one easy-to-understand workspace. By automating data gathering, checking, and scenario testing, we help insurers, reinsurers, brokers, and investors quickly understand and manage their risks. Catamaran also provides a regulated marketplace to easily buy, sell, and manage insurance coverage.

Founders ยท 2

Benedict Altier
Benedict AltierFounder
Oxford๐ŸŽ“ Peking University๐ŸŽ“ University of Oxford. As

Benedict has advised more than 10 leading insurers and asset managers working across insurance, reinsurance, and risk modeling. He is also a front-end developer with a decade's worth of experience designing and building web applications. He graduated with a 1st class degree in Chinese Studies from the University of Oxford. As a visiting student at Peking University, he advised leading Chinese technology companies including a spin-out from Baidu.

Lucas Schneider
Lucas SchneiderCo-Founder and CTO
Oxford

Building CatX to revolutionize risk transfer for insurers. Bringing my expertise in financial markets and investing to the insurance world. Started my career in Credit Securitisation at Barclays in London where I structured and executed multiple transactions in excess of $10bn+ in value. Oxford PhD Candidate in Machine Learning for Gene Editing. Previously, leading the research team at a web3 hedge fund, focusing on infrastructure and decentralized finance investments.

Launch

Launched on Y Combinator ยท Jun 2023
View launch post โ†—

We are the best way for insurance companies to offload risk and for asset managers to invest in an attractive, uncorrelated asset class.

CatX operates a digital marketplace that connects insurance carriers with institutional investors to trade and transfer insurance risk. It announces a platform that simplifies risk transfer, provides access to advanced modeling, and offers an electronic secondary market to reduce costs and improve speed for insurers and create uncorrelated investment opportunities for asset managers.

From the original launch (Jun 2023) โ€” may be outdated.

Formerly โ€œUltravityโ€, โ€œCatXโ€

FintechInsuranceMachine LearningFinanceAnalyticsInsuranceInvesting

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