{"id":1084,"date":"2025-02-05T12:00:47","date_gmt":"2025-02-05T13:00:47","guid":{"rendered":"http:\/\/bigdailysale.com\/?p=1084"},"modified":"2025-03-18T12:05:43","modified_gmt":"2025-03-18T12:05:43","slug":"catx-unveils-ai-powered-platform-to-streamline-parametrics-for-investors","status":"publish","type":"post","link":"http:\/\/bigdailysale.com\/index.php\/2025\/02\/05\/catx-unveils-ai-powered-platform-to-streamline-parametrics-for-investors\/","title":{"rendered":"CatX unveils AI-powered platform to streamline parametrics for investors"},"content":{"rendered":"

This content is copyright to www.artemis.bm<\/a> and should not appear anywhere else, or an infringement has occurred.<\/p>\n

CatX, the digital catastrophe and parametric risk exchange company, has announced the launch of its AI-powered Catamaran Parametric platform, which has been designed to streamline the complexities of parametric protection for investors.
\n<\/span>
\n\"catx-logo\"\u201cDesigned to simplify the complex world of parametric protection, Catamaran Parametric guides users of any experience level step-by-step through risk identification and analysis. From initial risk exploration to final protection structure, the platform transforms what was once a manual, time-consuming process into an intuitive, data-driven experience,\u201d CatX explained.<\/p>\n

One of the most interesting features of CatX\u2019s new parametric platform is that it will allow users to generate detailed risk reports that are tailored towards their specific risk types.<\/p>\n

\u201cThis feature provides organizations with a 360-degree view of their risk landscape, uncovering insights that traditional assessment methods might miss,\u201d CatX added.<\/p>\n

In addition, CatX revealed that the platform\u2019s AI engine analyses real-time and historical data across an unmatched range of perils, including hurricanes, droughts, severe storms, earthquakes, and temperature events.<\/p>\n

By integrating data from meteorological services, users will be able to gain unprecedented insight into risk patterns and potential exposures. Catamaran Parametric’s interactive visualizations also lets users explore everything from hailstone sizes to hurricane wind fields, using colour-coded maps and charts to make complex risk profiles more understandable, CatX added.<\/p>\n

Additionally, by using a wizard tool, the platform can also guide users through creating custom protection structures using multiple trigger types and flexible exposure definitions.<\/p>\n

CatX also explained that by using its AI-powered platform, users will be able to define event parameters through interactive polygon mapping, as well as review historical data ranges and compare parametric triggers against traditional indemnity structures.<\/p>\n

Another notable feature is that the platform can connect users with over 50 different institutional investors and alternative capital providers within the insurance-linked securities (ILS) market.<\/p>\n

Benedict Altier, Chief Executive Officer at CatX, commented: “Parametric insurance has tremendous potential, but modelling complexity has been a significant barrier to entry. Our platform breaks down those barriers, making sophisticated risk analysis accessible to both seasoned professionals and those new to parametric protection.”<\/p>\n

Lucas Schneider, CTO of CatX, said: “Our technology sets a new standard in parametric exploration. Leading brokers have already licensed our platform, validating our approach to reducing manual efforts while enhancing analytical precision. We are also committed to building in public by sharing key parametric features through an open-access platform.”<\/p>\n

Since CatX launched Catamaran as a standalone offering in May last year,<\/a> the platform has reportedly gained traction among reinsurers, funds and brokers.<\/p>\n

\u201cThe platform complements CatX’s existing partnerships with premier insurance modeling companies, providing new ILS investors with comprehensive submission and risk analysis capabilities,\u201d the firm added.<\/p>\n

It\u2019s also important to note that the launch of Catamaran Parametric takes place during a time where the ILS market is experiencing growing demand for parametric solutions, amid rising traditional insurance costs.<\/p>\n

\u201cThe platform’s ability to facilitate shorter cover periods, simplified modeling, and faster capital deployment makes it especially attractive to new entrants in the insurance-linked securities space,\u201d CatX concludes.<\/p>\n

CatX unveils AI-powered platform to streamline parametrics for investors<\/a> was published by: www.Artemis.bm<\/a>
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This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. CatX, the digital catastrophe and parametric risk exchange company, has announced the launch of its AI-powered Catamaran Parametric platform, which has been designed to streamline the complexities of parametric protection for investors. \u201cDesigned…<\/p>\n

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