Jagged mountain peak in warm sunset light, Dolomites

Benedict Altier

Chief Operating Officer at Cactus, Hamilton, Bermuda.

I build software that helps insurers and investors understand complex risk.

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Work

Where I work and invest

2025 to nowChief Operating OfficerCactusAI workspace for organising and sharing insurance and risk information, formed by the CatX and Cactus merger.cactusrisk.com2023 to 2025CEO and co-founderCatXHelped institutional investors access insurance as an asset class. YC S23, $2.7M seed, merged with Cactus in September 2025.catxre.comFounded 2024BuilderCatamaranAI tool to evaluate, underwrite and transfer complex risk.trycatamaran.comFounded 2022InvestorOctocolPersonal angel investments in risk, AI and performance.octocol.com
Writing

Essays and articles on insurance, risk and software

2026
The Software Singularity Is Here: What Happens NowMedium, The Underwriter as Creative DirectorMedium, Prediction Markets Are Coming to Insurance: Here's How to PrepareMedium,
2025
The Future Potential of Prediction Markets in Insurance and Weather DerivativesEssay,
2024
Why Clear, Structured Data Matters for Bringing Investors into InsuranceEssay,
2022
Why Web 3 Is Too Important for Insurers to IgnoreBaringa,
2020
Baidu, Alibaba and Tencent’s Roles in Chinese AI DevelopmentEssay,
2017
Oxford University Has Won Europe Number One for Unicorn Start-UpsCherwell,
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Press
“Insurance is this quirky, interesting thing that no one really pays attention to.”
Benedict Altier on Young Meteors, The Insurer TV, 2025
VideoExclusive: CatX and Cactus Merge in Bermuda Insurance Software DealThe Insurer TV, Young Meteors: CatX’s AltierThe Insurer TV, Young Meteors,
Articles
Predicting the Insurability of Prediction MarketsCarrier Management, CatX CEO Explains Unique Offering, Fresh from Cactus MergerIntelligent Insurer, Prop Traders Pursuing Private ILS Opportunities Beyond Nat CatThe Insurer, CatX and Cactus Merger Unveiled at Rendez-VousThe Royal Gazette,
Full press archive, 21 items
About

Career

2025 to nowChief Operating Officer, Cactus
2023 to 2025CEO and co-founder, CatX
2020 to 2023Strategy consultant, Baringa Partners
2016 to 2020MA, first class, University of Oxford