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Willis and AIG Announce e-Accounting Implementation
London, UK, June 17, 2013 - The London-based operations of Willis Group Holdings plc (NYSE:WSH), the global risk adviser and insurance broker, and [AIG, a leading global insurer], today announced the successful launch of a full electronic accounting process between the two companies, using the current (2010.2) ACORD data standard and exchanging messages via TMEL (The Message Exchange Limited).

The announcement represents a significant expansion in the adoption of e-Accounting in the London Market, with both Willis and AIG being members of the LMG Non-Bureau Working Group, forming part of an ongoing London insurance industry modernisation initiative to reduce paper-based transactions and to improve accounting and settlement performance.

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