CATEX, a technology and software company operating in the reinsurance and insurance sector, was appointed by Bowood Partners Ltd., the independent privately owned Lloyd’s broker, to implement a Broking Management System.
The web-based system will give Bowood the ability to utilize a central log for the processing of all of its contracts worldwide and to report Binding Authority statistics to its markets.
Other proprietary aspects of the system have been developed by the two companies.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
The Future of the Agency in a World of AI
Reuters: Iran, Russia and the New Zealand Insurer That Kept Sanctioned Oil Flowing
Truck Driver in Fatal Crash Repeatedly Failed Driving Tests, Florida AG’s Office Says
AIG Joins Private Equity Firm Onex to Acquire Re/Insurer Convex Group 

