Holborn completes first phase of CATEX implementation
Reinsurance broker Holborn has completed the first phase of the implementation of a CATEX product.
CATEX, a reinsurance platform developer and operator, said that Holborn had chosen to implement its pivot point reinsurance transaction system, an end-to-end web-based platform.
Frank Harrison, Holborn chief executive officer (CEO), said: "At Holborn, we see technology as a crucial element in the continuous improvement in our productivity and our service offerings. Our agreement with CATEX provides us with a reliable partner and a tried and true platform to automate a significant amount of our contract and account data management, without sacrificing control of our information or the quality of our service. This is the kind of operational efficiency that frees us to focus on areas where we can provide real and differentiated value, like our proprietary risk analytics systems."
Frank Fortunato, CATEX CEO, added: "Rarely have we encountered people as knowledgeable, or as concerned with service quality, as the team at Holborn. Their standards are rigorous and demanding, and we are proud that we have consistently met or exceeded their expectations. Given that level of performance, we are confident that Holborn's clients will be equally satisfied with the system-related services they receive."
