Business

Catamaran

Website
Founded 2023Origin source ↗Checked 2026-09-15

Overview

CatX is a Bermuda regulated digital marketplace for insurance risk. With more than $500m of opportunities listed, it gives hedge funds and other sophisticated investors a direct way to access, analyse and transact insurance risk. Insurance risk is an uncorrelated alternative asset class with a broad range of return profiles. CatX's Catamaran platform helps institutional investors, insurers and risk managers quantify the impact of a risk and decide whether to hedge it or invest in it.

Company description As recorded 2026-11-08

Founders & team

Previously Ultravity, CatX

Company history As recorded 2026-11-08

Benedict Altier

Founder

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.

Founder profile As recorded 2026-09-15

Lucas Schneider

Founder/CTO

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.

Founder profile As recorded 2026-09-15
5team members reported
Source-reported As recorded 2026-09-15

Founded 2023 · Source

News & product activity

Sources & observations

Y Combinator

Profile depthverified profile
Website observationwebsite reachable
Last website check2026-11-11
Location · source statedLondon, England, United Kingdom
Pricing evidenceNo pricing page confirmed
Maturity: Not assessed · 3 of 6 areas documented

Source-based assessment · automated evidence rules

The source reports an inactive or acquired company; current product identity needs review.

Maturity is an evidence-based assessment, not a success rating. It may understate the current stage where evidence is limited. Coverage records documented areas, not a complete or independently audited company history.

Stage definitions
independent websitesource corroborationreachable websitedescriptive evidencesourced peoplesourced founding year