CATEX

CSI is a Property, Casualty, Surplus Lines, and reinsurance intermediary licensed in the State of New Jersey in the United States.  CSI is approved to trade with Lloyd’s and the London insurance market. This combination can be of great value to you.

CSI is a "Transaction only" broker. CSI does not offer advice or interfere with existing relationships and does not get between you and your markets.

Our business is "transactions". We handle the London processing for you.

CSI takes responsibility at the point of contract formation, acting as a “captive placing Broker” and performs all the downstream London Market processing for those contracts.

Value Proposition

· We recognize that you may need to take independent placement advice from a market practitioner to get the best deal

· We act as a trusted third party and will never try to impact your relationships with your clients

· We give you a predictable cost calculation for downstream processing, using a defined transaction charging model that offers a significant cost saving over using a traditional London Broker in the traditional manner

· Our London processing capability means you do not need to change systems or permissions to trade with London

· We give you total transparency and control of your London lines with real-time status information

Services

· We focus on the transaction

· Our services allow market participants who license the CATEX Pivot Point system to obtain a high-level of automation resulting in an efficient transactional offering.

· We provide a direct transfer of data and documents between your CATEX Pivot Point system, our CSI CATEX Pivot Point system and the London Bureaux

· Clients structure lines with their usual market participants and transfer the details to us. 

· We confirm the lines on our slip and process the transaction with the London Bureaux

· We process funds flows with our client and with the London Bureaux

 

About Us

We are an affiliate of CATEX, a leader in cloud-based software systems for the insurance and reinsurance industry since 1994. A number of CATEX clients expressed interest in working with a Lloyd’s broker in a manner that provided only processing and transaction support without the need for placement and structuring advice.

We determined that a need existed in the London market for a broker that could accept data directly from its clients using the CATEX Pivot Point Transaction application. Such a broker would be capable of interfacing with the London Bureaux, submit slips for formal signing, manage premiums and claims and leave clients free to work with other market participants in structuring and arranging lines as needed.

Using the CATEX Pivot Point application CSI manages all aspects of the transaction for Pivot Point users

 

For more information, please contact us below.

 

          Email: information@catexservices.com

          Call: +1.609.683.0444

 

CATEX Services operates from within the United States and is not authorized or regulated by United Kingdom regulatory authorities, including the Financial Conduct Authority.