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Using Pivot Point technology hundreds of users process and clear billions of dollars annually in premium and claims involving hundreds of markets and brokers worldwide. The Pivot Point System is available 24/7 and is globally supported 24/7. Pivot Point is 100% web based and you may access the entire system anywhere in the world as easily as you can from your office desk.
PIVOT POINT REINSURANCE SOFTWARE FOR RISK BEARERS
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 Risk Bearer System permits a risk bearer to process every aspect of the insurance or reinsurance transaction on line and in real time. The vast flows of data associated with underwriting, whether it is extensive location information or voluminous claims histories, may be processed, sorted and converted to easily retrievable information reports as desired. The complete processing of premium invoicing and payment as well as claims and claim reserving functions are included on the system. Aggregate loss information and earned and unearned premium information, in real time, are available as well. Key reporting information for regulators or shareholders may be produced as system outputs. 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.
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