Members in Japan

Tsukasa Makino, Manager IT & Corporate Planning for Tokio Marine & Nichido Fire Insurance Company visited our office today. They are ACORD members and he has been very helpful in our advocacy for industry standards.  He emphasized the important role of regulators in our business and the need to work with them.  So whether it is the International Association of Insurance Supervisors or the many national regulatory agencies, ACORD must build and maintain those relationships. We plan to do more in 2007.   

Comments

[Tsukasa Makino]

Mr. Maciag;

It was very nice to see and talk with you at the ACORD headquarter. Thank you for introducing me in your Blog.

It was nearly three years ago when I attended the ACORD/LOMA Insurance Systems Forum 2004 for the first time. I was very shocked to see 2,600 people get together in a huge hotel in Las Vegas, 200 vendors spread their booths in a vast exhibitions hall to discuss and exchange views on technology for insurance industry. We don’t have such kind of large-scale, insurance industry focused forum in Japan.

Since then, I realized the importance of standards for insurance industry.
Although the environment of Japanese insurance industry had been quite different from U.S. and there had been less needs for standards, I believe it will be essential from now because there will be more and more active data transactions on the Internet between various parties.

Please let me work with you for the future prosperity of insurance industry worldwide.

Thank you.

Tsukasa.

[Testuhiro Yoshimoto]

I am sure that the climate of Japanese Insurance Industry is changing and there are strong needs for increase of efficiency through industrial-wide stdarization. And recent problems of non-payment by insurers may accellerate this change.
Move to a broker after 20 years with a insurance carrier has given me a strong bileif of necessity for stnadarization. I believe ACORD may play a strong role even in Japan together with proper partners.