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Cactus provides Marmalade, a web-based SaaS platform for casualty and specialty insurance professionals (underwriters, brokers, MGAs). It uses a data ingestion engine to convert unstructured and disparate file formats into structured, actionable information, enabling users to capture, compare, and communicate risk. The platform includes data ingestion, portfolio shaping, and connectivity for straight-through data transfer, designed for rapid deployment so clients can be operational in days. What sets Cactus apart is its emphasis on turning data into interpretable insights rather than merely reshaping it, its focus on industry-specific workflows, and proven adoption through programs like the Lloyd's Lab, with a growing global client base. The company aims to modernize insurance workflows by improving data quality and collaboration across underwriting and broking teams, helping clients achieve more efficient risk assessment and communication.
Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
1-10
Company Stage
Seed
Total Funding
$500K
Headquarters
Hamilton, Bermuda
Founded
2021
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Total Funding
$500k
Below
Industry Average
Funded Over
1 Rounds
Industry standards
Health Insurance
Dental Insurance
Vision Insurance
Paid Time Off
Paid Holidays
Flexible Work Hours
Meal Benefits
Paid Sick Leave
Training Programs
CatX and Cactus have merged to form Cactus Risk Studio, the largest insurance software company in Bermuda. Announced at the Rendez-Vous de Septembre in Monte Carlo, the new entity offers an AI-powered platform for brokers, insurers, risk managers, and investors to analyze and transact risk. Cactus Risk Studio integrates CatX's Catamaran platform and Cactus's digital workspace, supporting over $500 million in gross written premium annually. The merger was supported by Walkers Bermuda.
Cactus Limited, the ground-breaking tech firm specialising in data capture and transmission for the casualty and specialty insurance market, has closed a successful pre-seed investment round with a ra...
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Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
1-10
Company Stage
Seed
Total Funding
$500K
Headquarters
Hamilton, Bermuda
Founded
2021
Find jobs on Simplify and start your career today