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THE CATASTROPHE RISK EXCHANGE, INC. (CATEX)
The Catastrophe Risk Exchange, Inc. (CATEX) is a specialized developer and operator of web based reinsurance and insurance transaction systems. CATEX develops and maintains reinsurance trading platforms that process over $4 billion annually in premium and claim activity. CATEX licenses such web based transaction systems to brokers, managing agents and risk bearers worldwide. The CATEX Global Exchange licences its trading system from CATEX.
Here is our value proposition....
Business in the 21st century is increasingly conducted in real time via the Internet. We can prove that the entire reinsurance transaction can be conducted in real time on our web based systems more accurately than your current process and at a fraction of the cost you currently pay.
The cost/time compression, in terms of the binding, placement and processing of coverage, means that the tools exist today for brokers and underwriters to re-adjust underwriting portfolios in real time in response to actual events.
These factors translate into competitive advantages. CATEX clients are doing this every day.
At any time during the day there are several hundred users engaged on the CATEX Pivot Point Systems worldwide. Pivot Point Systems are in use in over twenty different countries and the system is deployed in six languages. You can learn more about Pivot Point by selecting the Products tab.
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