Total risk intelligence
Our technology helps insurers underwrite risk more effectively, brokers improve their client experience, and investors unlock uncorrelated investment opportunities.
- Backed by Y Combinator
- Lloyd's Lab alumnus
- Regulated by the Bermuda Monetary Authority
One regulated marketplace for insurance risk
CatX connects institutional investors, underwriters and brokers through an AI-native, regulated digital marketplace. Our platform transforms how risk is analysed, priced and transacted.
Investors
Get access to uncorrelated investment opportunities in insurance risk, with world-class models in a digital deal room.
For investorsBrokers
Accelerate placement and win better pricing for clients with smarter, structured submissions and instant risk scoring.
For brokers(Re)insurers
Access reinsurance and retrocession capacity with tools that streamline submissions, quoting and structuring.
For (re)insurersRisk managers
Get real-time analytics on your exposure and unlock new sources of capacity, backed by institutional-grade infrastructure.
For risk managersThe most advanced insurance-specific AI platform
Turn traditional insurance submissions into sophisticated digital deal rooms with access to powerful risk models. Extract data from any file in minutes.
- AI-powered document analysis, scoring and decision support, from ingestion and triage to quoting and portfolio optimisation
- Structure recommendations informed by more than 1,000 insurance-linked securities transactions
- A shared view of risk for brokers, (re)insurers and investors, so transactions close faster
AI-native
Intelligence at every step, from ingestion and triage to quoting and portfolio optimisation.
Transparent
Special purpose vehicles and segregated account structures, managed by trusted, independent insurance managers.
Institutional grade
Trusted by more than 50 funds with $650bn+ AUM, using structures designed for institutional capital.
Regulated
Regulated as an innovative marketplace provider by the Bermuda Monetary Authority.
A new, uncorrelated asset class
The key risk transfer instruments and structures available on CatX, from privately placed reinsurance to catastrophe bonds and parametric covers.
Demystifying insurance-linked securities
How ILS work, and how they have performed against equities and high-yield bonds.
Read the guideReinsurance contracts
Privately placed instruments tailored to the (re)insurer, with the most flexibility in risk selection and legal structuring.
Catastrophe bonds
Publicly placed securities, typically 144A notes, with standardised terms, conditions and defined loss scenarios.
Proportional
Protects a share of a (re)insurer's portfolio by sharing its performance directly with investors.
Non-proportional
Lets (re)insurers choose the risks they transfer, and investors choose the risks they take on.
Parametric
One of the simplest ways to transfer risk: a fixed payout when a trigger is met, for faster settlement.
Start investing
Deal rooms, risk models and a streamlined digital process, from document sharing to contract execution.
CatX for investorsIntegrated with world-class risk models
CatX works directly with the leading model providers, index agents and market institutions.
See what history says about your risk
Test how every hurricane since 1960 would have affected a location, a policy limit or a parametric structure. Free to try, no sign-up needed.
Structured submissions attract 6× more interest
Capacity providers on the CatX marketplace show six times more interest in opportunities presented as structured digital submissions. Here's why, and how to create them.
World-class people
Machine learning specialists, engineers from leading investment banks, and reinsurance professionals from the world's largest brokers.

Matthew Salamon

Sean Bourgeois

Christine Sandler

Benedict Altier

Felix Terpstra

Lucas Schneider

Jon Wood

Benjamin Fox
Talk to the CatX team
Contact our team to learn more about investment opportunities, or how the CatX platform can improve how you transact risk.











