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Non- bureau Working Group

Electronic Accounting- 2012 Progress and 2013 Plans

​Since its inception in late 2010, the NBWG has promoted the use of ACORD EBOT and ECOT accounting and claims messages to streamline broker and carrier processes for their 'non-bureau' London Market and broader UK business.  By mid-2011, live implementations by Aon and Willis with Ace and XL were demonstrating significant benefits in speedier and easier ledger reconciliation, and improved cash flow for both premiums and claims.

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