The Catastrophe Risk Exchange, Inc. (CATEX)

CATEX was founded in 1994. The company is a Financial Technology (Fintech) provider and one of the original InsureTech companies in the insurance and reinsurance industry. CATEX is the leading specialized developer and provider of web-based insurance and reinsurance systems in the world.

Processing thousands of daily transactions, in dozens of currencies placed by hundreds of users, employing over a dozen languages, located in six continents, CATEX systems process over $7 billion annually in premiums and claims and manage tens of millions of risk-related data records on behalf of its clients.

CATEX licenses its software to reinsurance brokers, reinsurers, managing agencies, delegated authority partners and CAT modelers. All CATEX products, from its flagship Pivot Point platform to its Data Vera data cleansing, formatting and auditing application, are web-based and offered as software-as-a-service.

The CATEX headquarters is in Princeton, NJ and the company maintains a branch office in London.

In addition to its software offerings CATEX is a thought leader in the risk industry reaching over 15,000 key industry personnel monthly with its CATEX Reports newsletter and its daily Internet TV news show dedicated to events pertaining to the insurance and reinsurance industry.

CATEX’s reputation in the global insurance and reinsurance industry is such that it has been awarded the designation of Best Technology Provider by Intelligent Insurer magazine for the last three consecutive years. The award is based on hundreds of survey results collected from participants worldwide.

CATEX maintains a reputation for product innovation and a level of client service second to none. CATEX applications are available and fully supported 24 hours a day, 7 days a week. The company’s applications are protected by patent and its production and backup systems are hosted in SSAE16 facilities.

CATEX is a member of ACORD and works closely with the industry to improve data quality and information exchange for the risk industry. CATEX is a Microsoft Certified Partner.