CATEX to Implement Broking Mgmt. System for Bowood Partners

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.