Pivot Point for Brokers

The web-based Pivot Point broker software application manages the entire range of a reinsurance intermediary’s operation. The Pivot Point application is also capable of managing processes to and from the Lloyd’s and London market via integration with Xchanging.

The Pivot Point broker application offers a reinsurance broker the ability to track all incoming placement opportunities, whether bound or not, for future mining with sophisticated CATEX data mining tools. The application manages and records all price and T&C changes during a negotiation and generates an on-line slip as well as maintaining a client contract clause bank.

The Pivot Point broker accounting suite automatically manages and generates premium invoices; tracks and matches incoming payments to open invoices; auto-associates claim information with correct contracts; establishes, records and sends alerts pertaining to incremental claim level build-up and generates claim statements and maintains a complete fiduciary ledger on a per contract, per client and overall basis.

The Pivot Point broker software includes the powerful Mosaic Reporting tool, developed by CATEX, which allows a broker to create either ad hoc or mandatory reports and attach pro-active warning notifications to desired levels.

The Pivot Point broker software manages hundreds of different lines of business and manages transactions in several dozen currencies.