China Standards Technology Committee

I am now in Dalian China with my staff to participate in a Standards seminar. The China Insurance Industry Standards Technology Committee (CIISTC) together with the China Insurance Industry Regulatory Commission (CIRC) invited ACORD to co-host a seminar on using industry standards in China. The ACORD staff and I presented background on our progress with standards in various lines of business. I also had the honor of meeting Chairman Li Kemu who is the second in command at CIRC in a private meeting prior to the event. Two case studies were presented on the use of ACORD Standards in applications by James Li of Siebre and Markus Kraeuchi of Swiss Re.
The purpose of the seminar was to introduce ACORD to CIRC  staff  who represented  about two-thirds of the audience.  One-third of the audience were members of the CIISTC. China Life, a new ACORD member, was also represented at the event by their top leaders who we had met at the membership signing ceremony a few months back.
I have been asked to meet at CIRC headquarters to follow-up on the seminar and recommend future action items regarding the adoption of ACORD Standards in China.  The event was successful and I am thinking about the possibility of organizing an ACORD Forum in China next year.  We host one in London every two years. It would provide us with a platform to involve all of our members and interested parties in the region.