.png)
CatX’s Catamaran Platform Now Integrates Verisk’s Catastrophe Risk Models to Attract New Capital into Insurance-Linked Securities
London, United Kingdom, 20th December – CatX Global, Inc., an innovative marketplace connecting capital market investors with (re)insurers, is pleased to announce that it has adopted catastrophe risk analytics from the Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider. Verisk’s risk modeling solutions significantly enhance CatX’s analytics capabilities, helping to attract new capital into the insurance-linked securities (ILS) space. CatX believes that this new capital will help bring enhanced stability to the (re)insurance sector while increasing capacity for new and existing lines of business.
New insurance investors will be able to leverage Verisk’s state-of-the-art catastrophe risk models directly within CatX’s flagship ILS analytics tool, Catamaran, for detailed analysis and benchmarking. Catamaran transforms traditional insurance documents into powerful risk dashboards that support new insurance investors in assessing potential risks, making informed investment decisions, and lowering barriers to entry for this uncorrelated asset class.
On Catamaran, investors can test and analyze opportunities with historical events and losses for hurricanes, earthquakes, weather, severe convective storms (SCS), and more. Users can examine event sets, historical averages, minimum-maximum values, and potential payout scenarios, understanding what losses or returns would have been under different conditions. Interactive visualizations empower investors to explore everything from hailstone sizes to hurricane wind fields using color-coded maps and charts, making complex risk profiles understandable and actionable. Risk modeling adds a critical, additional perspective on risk profiles—one that goes beyond historical performance to encompass scenario- and climate-impact analysis. In addition to Verisk, Catamaran offers integrated access to other modeling providers, including RMS, CyberCube, and Reask, to build a complete perspective on risk.
“Verisk is pleased to work with CatX and support their mission to attract new sources of capital into the insurance market,” said Rob Newbold, president of Verisk Extreme Event Solutions. “By adopting our advanced risk modeling solutions into CatX’s platform, we can provide institutional investors with insights and analytics needed to better understand complex risks from increased frequency and intensity of natural disasters. This also supports efforts to increase resilience on a global scale.”
“We are thrilled to work with Verisk to augment our analytics offerings,” said Benedict Altier, Chief Executive Officer of CatX Global, Inc. “By integrating Verisk’s sophisticated models, we’re providing investors with deeper insights and a more transparent view of risk. This not only empowers investors but also facilitates the flow of new capital into the ILS market.”
“Access to reliable and comprehensive risk models is crucial for investors entering the ILS market,” added Jon Wood, Head of Origination at CatX. “Our collaboration with Verisk, along with integrations with other leading model providers, ensures that investors have the best resources at their fingertips.”
About CatX Global, Inc.
Founded in 2023, CatX is a regulated, digital market for insurance risk helping institutional investors access high-return opportunities in insurance, reinsurance, and retrocession. The company’s flagship platform, Catamaran, offers access to advanced risk intelligence solutions, broadening participation in insurance as an asset class. Working directly with leading brokers and insurance companies, CatX structures bespoke investment opportunities and offers world-class tools for modeling and managing insurance risk. CatX is backed by Y Combinator and Lloyd’s Lab and connects insurers with capital from more than 50 funds managing $600 billion+ in assets. For more information, visit www.catxre.com or www.trycatamaran.com.
About Verisk
Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud, and make informed decisions about global risks, including climate change, extreme events, sustainability, and political issues. Through advanced data analytics, software, scientific research, and deep industry knowledge, Verisk helps build global resilience for individuals, communities, and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit Verisk.com and the Verisk Newsroom.
