Catlin Group Ltd, Largest Lloyd’s Syndicate, Licenses Exari
Exari Document Automation Will Help Catlin Expand Presence in Global Insurance Markets
Boston, MA and London, UK – May 21, 2009 – Exari Group Inc., a leading document assembly software company, announced today that Catlin Group Limited has chosen Exari to automate documents related to their underwriting process including quote and policy documentation.
"We chose Exari over their competitors for several reasons: their ability to work to our aggressive timeline to develop multiple templates on behalf of our offices in Toronto, Munich, Sydney and London; and the ability to work in multiple languages," said Teresa Beach, Catlin’s Head of Transformation. "Exari will help us achieve our reform agenda by efficiently automating a library of key documents such as quotes, policies and client letters."
"Catlin’s implementation showcases our strengths of end user empowerment, ease of implementation, and intuitive web-browser interface,” said Terry Lee, Exari President. “Being chosen by Catlin is rewarding as it reaffirms Exari’s commitment to serve the global insurance market. Catlin joins Exari’s roster of leading insurance entities which includes two of the world’s largest brokers, the world’s leading reinsurer and a number of Lloyd’s syndicates."
Exari was able to meet Catlin’s requirements for a document assembly solution including: the ability to support multiple document types in multiple locations; provide the ability for Catlin staff to build new products; be easy to expand in terms of number of users and product lines; and have the ability to report on the data captured in multiple formats including Excel.
"We are pleased to count Catlin among our insurance customers," said insurance industry specialist Martin Kett, Exari VP of Insurance Client Development. “Exari now serves two of the top five Lloyd’s Syndicates, in addition to our other London Market and global insurance and reinsurance customers. We have expanded our solutions to provide a number of insurance specific requirements from complex rating algorithms to the organization of hundreds of market clauses."
About Exari - Exari is a global leader in automated document assembly for large enterprises. Exari’s intuitive web-browser interface empowers business people to create their own contracts using the templates created by their legal department. This approach accelerates the contracts process and reduces the burden on busy legal departments. The Exari system significantly reduces costs, cycle time and risk, and is used worldwide by legal, procurement, sales, insurance, banking and government professionals. Customers are supported from Exari offices in Boston, London, Munich and Melbourne. Try a demo of our NDA or Services Agreement.
About Catlin Group Limited - Catlin is a leading global specialist property and casualty insurer and reinsurer, writing more than 30 classes of business. Catlin provides creative risk management solutions and excellent financial security to clients worldwide. The company operates four underwriting platforms - the Catlin Syndicate at Lloyd's, Catlin Bermuda, Catlin UK and Catlin US - as well as a network of international offices.
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