Catamaran (CatX)

About

CatX is a digital marketplace and technology platform that connects insurance carriers with institutional investors to facilitate the trading and transfer of insurance risk. Operating as a regulated digital exchange, CatX offers AI-based risk intelligence tools that enhance efficiency in the insurance and reinsurance sectors. The company provides a range of services, including advanced risk analysis and modeling, digital deal rooms for streamlined submissions, and various risk transfer structures. These structures include privately placed instruments, publicly placed securities, and parametric covers. CatX also focuses on workflow digitalization to improve contract negotiations and pricing processes, along with a secondary trading venue for ongoing risk management. CatX serves insurers, reinsurers, institutional investors, protection buyers, and brokers, helping them access capital, offload risk, and find investment opportunities in a unique asset class. The company's mission is to transform insurance risk into a tradeable asset, creating a more liquid market and expanding coverage opportunities globally.