CATEX designed the award winning web based Pivot Point Transaction System using exclusively Microsoft .Net technology.
The .Net design was accomplished with the assistance of hundreds of Pivot Point users. The input from the user base, when combined with the .Net Microsoft technology, permit the elimination of the walls between the so called front office and the back office. This transparency permits brokers and underwriters to instantly view the financial performance of a brokered or underwritten piece of business.
All of the data collected by Pivot Point is brought forward. Should a user possess authorization they can see in one glance the history of a placement, including the entire price negotiation; the record of payment; the claim experience; the specific balance sheet effect of the transaction and how the transaction sits within its line of business or book performance per broker, market or client. Pivot Point 2.0.Net displays all of this information in one view.
The Pivot Point Agency System combines features of the Pivot Point Risk Bearer system and the Pivot Point Broker system to provide and MGA or MGU with the ability to act as an underwriter by extracting Pivot Point risks for modeling or for ratings engines and to maintain an exact accounting of every premium, claim or payment transaction for the group’s risk bearing underwriters. All of the features of the Risk Bearer and Broking systems are available to permit the MGA to view in real time experience information per line of business or per underwriting partner. The system is 100% web based and includes a full on line document and e-mail facility. The system processes transactions in multi currencies and is equipped with currency conversion tools. Pivot Point may also be deployed in any language format, e.g. Spanish, Japanese, etc.