Aon Re International has today announced that it has licensed the Pivot Point insurance transaction system from CATEX Inc. Pivot Point is a web-based system handling the full reinsurance process from business production and quoting through to IBA ledger.

Pivot Point's web-based design and central database enables all brokers and technicians working on an account to carry out their tasks on the system. The resulting single entry and full data trail leads to substantial cost savings and valuable management information.

Mike Kelly, Director, IT Division, Aon Limited said, "We reviewed a number of products before selecting CATEX's Pivot Point. We were impressed with the system architecture and the options this provides for multiple offices and regional deployments".

Frank Fortunato, CEO of CATEX said, "Working with Aon and having them license Pivot Point is a major milestone for CATEX and we look forward to a long and rewarding relationship with them".

CATEX's European Managing Director, Tom Bailey said, "With two brokers already live and trading on Pivot Point in London, this European win establishes Pivot Point as a leading European and London Market system. We look forward to working with Aon and building on our success."

CATEX is currently customizing the Pivot Point System to meet Aon Re's specific requests. The complete system is expected to be implemented in April, 2005 for initial use by Aon Re Netherlands followed by Aon Re offices in Belgium and Spain.

About Aon:
Aon Corporation (www.aon.com) is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. The company employs approximately 52,000 professionals in its 600 offices in more than 120 countries. Backed by broad resources, industry knowledge and technical expertise, Aon professionals help a wide range of clients develop effective risk management and workforce productivity solutions.

About CATEX
CATEX (www.catex.com) is a leading provider of web-based trading and back-office systems to the international insurance and reinsurance market. CATEX develops its systems exclusively using Microsoft technology. CATEX operates the CATEX Global Exchange, a web-based reinsurance marketplace. The company has been in operation since 1994 and has offices in Princeton, NJ and London. More information about CATEX may be found at www.catex.com.