A group of insurance executives from Japan visited ACORD today in Pearl River. They were representatives of Tokio Marine & Nichido Fire Insurance, SOMPO, Mitsui Sumitomo Insurance, Nissay Dowa General Insurance, The Center for Financial Industry Information, TMSN Net, Microsoft and IBM.
They presented an overview of the Japanese insurance market and we spoke about ACORD. The group indicated that a Working Group was created among several of the top insurers to discuss the future of standardization and possible relationship with ACORD.
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