Gregory Maciag: LMG Newsletter

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Monday, 01 October 2012

LMG Newsletter - London

Ian Summers, CIO for Aon Risk Solutions & Aon Benfield says: "It is a basic fact of any industry that if there are no clients there is no business. Without someone willing to pay for the thing, no product has any value. It is remarkable, therefore, how much time we in our market, in this newsletter and at our many, many meetings, manage to spend discussing all sorts of aspects of our business and our processes without ever mentioning the one set of people that really matter – our customers. I think we are standing at a pretty important point in the modernisation process.

Read more in the London Market Group newsletter. Download LMG News OCT12PUB

Posted on Monday, 01 October 2012 in London Market | Permalink

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My latest book presents the challenges members face when adopting industry standards as well as the opportunities that come as a result. It features my discussions with many people over many years and follows the foundation I set in my first book "The Business Information Revolution".

Industry standards are never adopted in a vacuum. They become part and parcel of all the trials and tribulations managers face in their day to day work. ACORD Standards are always part of a larger software development project that brings along people, priorities and politics. Adopting industry standards isn't simple, but the benefits far outweigh the problems of building and maintaining proprietary alternatives.

I trust that you will appreciate my frankness, identify with some of the challenges and learn from what others have done to pave the way.

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