The Catastrophe Risk Exchange, Inc (CATEX) is a specialized developer and provider of web based insurance and reinsurance systems. CATEX develops and maintains reinsurance software platform that processes over $6 billion annually in premium and claim activity. CATEX licenses such software to reinsurance brokers, managing general agencies (MGAs) and reinsurers worldwide. The CATEX Global Exchange uses CATEX reinsurance software to operate the Global Exchange.
Business in the 21st Century is increasingly conducted in real time via the Internet. We can manage the entire reinsurance transaction on our web based reinsurance software more accurately than your current process and at a fraction of the cost you currently pay. Ability to manage placement, binding, and processing of coverage in real-time means that brokers and underwriters can adjust underwriting portfolios in response to actual events as they occur. These factors translate into competitive advantages for CATEX clients and they’re doing this every day.
Our flagship product – Pivot Point – is an integrated web based software that enables Brokers, Agencies, and Reinsurers to manage all of their Treaty and Facultative business online. It is a Microsoft .NET based solution that provides placement and contract management, fiduciary accounting and ledger control, claims management, multi-currency settlements, bordereau processing, and comprehensive MI reporting. Pivot Point is currently deployed in twenty different countries in six languages. Any time during the day there are several hundred users engaged on the CATEX Pivot Point system worldwide. To learn more about Pivot Point and other Insurance and Reinsurance related solutions, click on the Products
CATEX also provides daily news
updates for those wishing to keep up-to-date with events affecting the Insurance and Reinsurance industry via its CATEX TV