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Jan 24, 2018

Ruschlikon and the Value of Standards in the Global (Re)Insurance Industry

This paper provides a value analysis of data standards in the global (re)insurance industry. It outlines the ways in which ACORD Standards have been shown to improve efficiency, effectiveness, and flexibility across multiple dimensions critical to navigating the current challenging business environment. It also compiles insights gathered from the leading global (re)insurance carriers and brokers on current and projected challenges and obstacles, and how the implementation of ACORD Standards and Ruschlikon Best Practices improve their capabilities to deal with these difficulties. It analyzes data drawn from real-world experience to measure the costs and benefits of ACORD/Ruschlikon implementation, and highlights the execution imperatives necessary to optimize the timing, magnitude, and duration of cash flows. Click to read more...