London - ACORD Standards Sucess to Boost Modernisation

E-accounting success could ensure other London market modernisation initiatives continue to gather momentum. This could impact the markets work in endorsements and placing in particular according to Simon Squires of the Lonodn Market Group as reported by Greg Dobie at Insurance Day.  They exchange data in a structured format using standard messages from the industy standards body ACORD.  Insurance Day  (This is one of many stories that I post about the value of industry standards. All made possible by forward thinking firms that help us create and maintain the standards.)