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.
How Insurers Know When It’s Time to Scale AI
What Happens to Property Pricing in ’27, Insurance, Reinsurance Execs Ask
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says
NAIC Victim of Cyber Incident Via PeopleSoft System 

