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Global e-commerce is difficult to conduct without standards that can jump borders and platforms and operate in real-time. This is the reason that interest in ACORD standards is on the rise in the Asia Pacific region. Several European and North American ACORD members have ACORD standards-based applications in their Asia-Pacific operations. In addition, ACORD is pleased to have several new Japan and China based members that provide solutions for regional insurers.
The following links will take you to specific regional information about ACORD activities. We've provided information from both strategic and tactical perspectives about the industry need and drive to participate in and adopt ACORD's global standards.
To request more information about ACORD activities in these locations, or to find out how ACORD can help your organization, please use the contacts provided, or email memberservices@acord.org. We look forward to hearing from you.
 Japan
ACORD works continually with member companies in Japan as well as those global
organizations doing business in Japan. Over the past few years, beginning with
a February 2003 conference in Tokyo, ACORD has worked to increase its presence
and foster an understanding of standards.
Website Areas of Interest
Contacts
Lloyd Chumbley
Assistant Vice President, Standards
Phone: +1 719-264-9621
Email: lchumbley@acord.org
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 China
中国网址
Many ACORD members are taking advantage of the current and emerging market opportunities
in the Asia Pacific insurance marketplace. One such opportunity is China, which
represents the most populous nation in the world and is poised to begin opening
it's markets over the next few years.
ACORD works closely with other associations and companies in China and are often
asked to present at conferences on the importance of standards and the importance
of standards development and implementation in this growing market.
News
August 2007
First ACORD Standards Conference in China Take Place in Dalian
ACORD President & CEO Gregory A. Maciag led a delegation of
staff and members to China for a two-day seminar focused on ACORD
standards and their application within the Chinese insurance market.
ACORD hosted the event in conjunctino with the China Insurance Industry
Standardization Technology Committee (CIISTC) and the China Insurance
Regulatory Commission (CIRC) Dalian Bureau in the seaside city of
Dalian in Liaoning province, approximately one hour outside of Beijing.
The goal of the seminar was to provide attendees with the information
and resources they needed to not only understand the business
value of ACORD standards but the way that standards can support
both their domestic and international efforts.
May 2007
ACORD Launches New Chinese Mini-Site
With growing interest in ACORD standards around the globe, ACORD launched its
first mini-site focused on a specific geographic area. In this case, the
site is for China and in Mandarin Chinese (www.acord.org/china). It
provides basic information on ACORD, standards, and the benefits of
standards development and implementation that will resonate with that audience.
April 2007
China Life Joins ACORD
China Life Insurance Company Limited (www.e-chinalife.com) became the
first Chinese domestic insurance company to join ACORD as a member.
Mr. Wan Feng, vice president and executive director of China Life Ltd.,
said at the signing ceremony in Beijing that China Life is very pleased
to be the first insurance company in China to join ACORD as a member,
to have ACORD's assistance in its drive towards internal standardization,
and to contribute to the standardization effort for the China insurance industry overall.
June 2005
ACORD Presents at Conferences in Asia Pacific
ACORD recently helped organize, sponsor and participate in two major insurance
conferences in Asia, working with industry leaders around the world to discuss
the importance of data standards for the global insurance value chain. Led by
ACORD Vice President, Membership and Development, Denise Garth, the speakers
presented at the Asia Insurance Review Executive Summit on Technology in Singapore
and then at the IASA International Seminar for Insurance Information Sharing
and Standards in Beijing.
June 2005
ACORD at the International Seminar for Insurance Information Sharing and Standards
in Beijing
The China chapter of IASA (International Accounting & Systems Association)
held their second annual International Seminar for Insurance Information Sharing
and Standards in Beijing on May 14 and 15, 2005 co-sponsored by the IAC (Insurance
Association of China), ACORD and IASA. Denise Garth presented again at this year's
conference.
June 2004
Denise Garth Speaks at IASA China Chapter Meeting
Denise Garth, ACORD vice president, Membership and Development, was a speaker
at this April's IASA Chapter Meeting in Beijing, China. There were approximately
200 attendees from throughout the market as well as actuarial science students
at this 2-day conference held at Renmin University. China's insurance marketplace
is experiencing rapid growth and there is an effort to establish a solid foundation
for these efforts.
Website Areas of Interest
Contacts
Lloyd Chumbley
Assistant Vice President, Standards
Phone: +1 719-264-9621
Email: lchumbley@acord.org
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 Singapore
Singapore is positioning itself as the "Insurance hub" for the Asia Pacific region
and the market is looking at technology to provide services and support to their
distribution and customers, as well as establish cost-effective back office systems.
Regional interest in standards is high because they are solution provider and
technology neutral and offer flexible options -- a particularly attractive feature
in a market wherea very common source of accessing information is via a cell
phone or PDA.
News
June 2005
ACORD Presents at Conferences in Asia Pacific
ACORD recently helped organize, sponsor and participate in two major insurance
conferences in Asia, working with industry leaders around the world to discuss
the importance of data standards for the global insurance value chain. Led by
ACORD Vice President, Membership and Development, Denise Garth, the speakers
presented at the Asia Insurance Review Executive Summit on Technology in Singapore
and then at the IASA International Seminar for Insurance Information Sharing
and Standards in Beijing.
June 2005
ACORD at The Asia Insurance Review Insurance Executive's Summit on Technology
The Asia Insurance Review Insurance Executive's Summit on Technology took place
in Singapore May 10-11, 2005. The theme this year was Get the I.T. You Deserve
and focused on ways to maximize the business value of IT spending. More than
170 attendees came from all over the Asia Pacific region. Denise Garth, vice
president, Membership and Development for ACORD participated on the opening panel
and was a presenter for the event. Other panel members included: Abhijit Banerjee,
3i Infotech Asia Pacific; Gary Bennet, New York Life, Hong Kong; Victoria Roman,
Asean Insurance Council; Jason Sadler, Life Insurance Association, Singapore;
and Conference Chair Gordon Perchthold, ABeam Consulting.
June 2002
ACORD Presents at 4th Asia Pacific Conference & Exhibition on IT & E-Applications
On June 17-19, 2002, Asia Insurance Review and ACORD member Apex Systems held
the 4th Asia Pacific Conference & Exhibition on IT & E-Applications in Insurance
in Singapore. This 3 day conference focused on IT challenges and opportunities
for insurance and reinsurance companies doing business in the Asia Pacific region.
The third day of the conference was dedicated to presentations about ACORD standards,
why they are strategically important, and highlighted the use of the standards
in implementations in the region. There were a number of members who highlighted
the use and importance of ACORD standards within the region including Ri3k, Apex,
and ManuLife. ManuLife (presentation below) highlighted the value and use of
the standards to support their business and distribution networks in Vietnam,
South Korea, Hong Kong, and Japan.
Website Areas of Interest
Contacts
Lloyd Chumbley
Assistant Vice President, Standards
Phone: +1 719-264-9621
Email: lchumbley@acord.org
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