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Catamaran: Intelligent Catastrophe Risk Analysis and Underwriting 🌊

The smartest way to analyze natural catastrophe risks for any property, location, or business.

Hey YC! We’re the CatX team, and we are excited to announce the launch of Catamaran 2.0—the smartest way to analyze natural catastrophe risks for any property, location, or business.

🔍 Problem

Organizations today struggle with outdated, slow, and expensive processes for assessing natural catastrophe risks. Traditional tools lack comprehensive insights, require significant manual effort, and leave critical gaps in understanding how disasters like wildfires, hurricanes, earthquakes, and severe weather could impact their assets and portfolios.

💡 Our Solution

Catamaran makes catastrophe risk analysis effortless and powerful. Just upload your property details or any relevant documents, and Catamaran instantly generates comprehensive risk insights using extensive historical data across all major catastrophe perils—including wildfires, hurricanes, earthquakes, typhoons, weather, hail and more.

https://youtu.be/s4mTqmcFsWY

Powered by advanced AI agents, Catamaran quickly identifies errors, provides clarity from complex datasets, and delivers insights previously only available through costly, manual underwriting.

We spent the past two years helping institutional investors understand, model, and invest in catastrophic risk. Frustrated by outdated workflows in underwriting and risk assessment amidst modernizing processes everywhere else, we built Catamaran as our solution.

⚡ What Catamaran Can Do:

  • 📚 Historical Risk Analysis: Evaluate location-specific risk profiles based on hundreds of years of historical data.
  • 🛡️ Optimal Insurance Protection: Automatically identify the best insurance structures—parametric or traditional—tailored to your unique risk exposure.
  • 📄 Advanced Document Extraction: Effortlessly process complex, unstructured documents to rapidly extract key insights.
  • 📈 Calculate Loss & Scenario Analysis: Instantly conduct sophisticated scenario analyses to quantify potential losses for proactive risk management.

⚙️ Use Cases

  • 🏦 Insurers: Accelerate underwriting, cut costs by up to 90%, and precisely manage portfolio risks.
  • 📊 Brokers: Transform your quoting process with faster, more accurate risk assessments.
  • 🏢 Businesses & Investors: Confidently evaluate and manage catastrophe risk exposure across investments, portfolios, and operations.
  • ⚖️ Regulators: Enhance regulatory oversight and compliance with transparent, data-driven risk analytics.
  • 🛠️ Developers: Easily integrate catastrophe risk analytics into your apps using our developer-friendly API

👥 The Team

Catamaran is built by the CatX technology team led by:

Benedict Altier, insurance consultant with experience modeling programs for leading insurers like AXA, Beazley, and MS Amlin, ex-Oxford.

Lucas Schneider, Oxford PhD candidate in Machine Learning, ex-Barclays Investment Banker, ex-McKinsey.

Jon Wood, formerly on the retro leadership team at top insurance broker AON and previously at Guy Carpenter (Marsh) and Willis.

Matthew Salamon, experienced software developer formerly at AON, PwC and Balancer.

🙏 Our Ask

If you manage or insure properties at risk, we'd love to show you how Catamaran can streamline your process and enhance your decision-making:

- Email us directly: catamaran@catxglobal.com

- Schedule a quick demo here: [trycatamaran.com](https://www.trycatamaran.com)

Catamaran: The future of intelligent catastrophe risk analysis.

– Benedict, Lucas & the CatX Team