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.
Illinois USPS Employee Indicted for Alleged Workers’ Comp Fraud 
GEICO Settles Call-Center Worker Suits for $940,000; Attorneys Get Half 
Bumble, Panera Bread, CrunchBase, Match Hit by Cyberattacks 
20,000 AI Users at Travelers Prep for Innovation 2.0; Claims Call Centers Cut 
