A&P Implements CATEX Pivot Point Reinsurance Platform

London and Princeton, September 10, 2014

A&P Worldwide General Manager, Antish Ramrup said “I have used the Catex system before during my previous job in the London market and so Pivot Point System CATEX is well known to me. After reviewing other system alternatives it was clear that the functionality and work flow design of Pivot Point combined to make this a very easy selection for A&P.”

Frank Fortunato, CATEX CEO, said “that with any new broker the most important task is to get them up and operating and using Pivot Point live as soon as we can. That’s the great strength of the Pivot Point web-based system and we have no doubt we will have A&P using the system fully within a few weeks. We are pleased to be their partners.”

A&P has plans to expand its business by concentrating on the Middle East, Africa, the Persian Gulf and Asia. A&P Worldwide solutions will also be looking to develop relationship with the US market and they will make contact with some US based partners in the near future.

Mr. Ramrup said “We shall be attending various network meetings and our Pivot Point System will be something we use to attract both markets and clients. The accuracy, reporting, online accessibility ,ease of use and records keeping functions of Pivot Point offer great reassurance to our business partners”.

The Pivot Point platform currently supports client operations in 20 countries; processes premium volumes of more than USD $4.5 billion annually; settles transactions in 75 currencies; and distributes invoices in 6 languages.

CATEX has been providing insurance and reinsurance software to clients since 1994.

About A&P Worldwide Solutions Limited
RFIB is an independent international insurance and reinsurance broker and is majority owned by management and staff. From its headquarters in the heart of the City of London's insurance sector and seven offices in major international centers, RFIB provides excellent service across its specialist lines of business. RFIB provide focused, effective and bespoke solutions for our clients. RFIB accesses a diversified book of business in significant developing economies and are renowned as a producer of innovative, profitable and specialist business to the London and international markets.

Antish Ramrup, ACII, MBA
General Manager

2nd Floor, New London House, 6 London Street
London, EC3R 7LP

Direct Line: 0203 7419522
Mobile: +44 07941077093 / +44 07774739148
Email: antish@aandpwsl.co.uk
Email: enquiries@aandpwsl.co.uk

The Catastrophe Risk Exchange, Inc. (CATEX) is a leading developer of web based insurance and reinsurance software. CATEX provides software as a service to brokers, agencies and reinsurers to manage all of their Treaty, facultative and commercial insurance needs. CATEX’s flagship products, CATEX Pivot Point and Data Vera, are Microsoft .NET based solutions that provide placement, contract management, fiduciary accounting, ledger control, claims management, multi-currency settlements, bordereau processing, document management, data conversion, and comprehensive MI reporting functionalities. CATEX has been operating since 1994 and is licensed by the New York Insurance Department as a reinsurance intermediary that acts in a neutral capacity.

For more information visit us www.catex.com

CATEX Contact
Stephanie Fucetola
+1 609-683-0888