The CATEX Pivot Point Transaction System has now been expanded to fully service reinsurance brokers, managing general agents, commercial brokers and risk bearers. The entire system is 100% web based and provides real time transaction processing and management information to users anywhere Internet access is found.

 The new feature, "My Pivot Point", is now on the "front page" of your test systems. It was suggested to CATEX by London users and permits any user to customize his or her welcome screen by selecting certain news feeds from CATEX-TV and specific MI reports related to his or her written or broked business to date. We encourage you to familiarize yourself with this feature.

 Several risk bearers are currently reviewing Pivot Point Risk Bearer System under CATEX supervision. CATEX has met with reinsurers, hedge funds and managing general agents and continues to respond to inquiries about the new system

 The updated User Manual has been posted to your Pivot Point System. Copies of the 388 page Guide were mailed to Pivot Point licensing companies. Please contact us if you require additional copies.

 Pivot Point is now operational in fourteen countries and six different languages. The system is easily configurable to local custom, currency and language and possesses a robust currency conversion feature that permits across the board real time conversion of aggregate and specific financial data.