GPM Development, a leading London-based software development and cloud hosting company specialising in insurance intermediary software and related services, have announced their collaboration with ACORD, the standards-setting body for the global insurance industry.
As a Licensed Integrator Partner of the ACORD Solutions Group, GPM will leverage ACORD’s iConductor, the next-generation global message orchestration service, to enable digital messaging for its broker client base. By replacing current manual processes, iConductor will drive significant cost savings, as well as improved data speed, accuracy, and consistency.
“Working with ACORD Solutions Group and their expert team gives us an excellent opportunity to make swift progress with a number of developments on our product roadmap,” said Sharon Stanley, Managing Director of GPM.
ACORD Data Standards are widely used throughout the insurance industry, with ACORD members accounting for half of global gross written premiums. ACORD’s industry-owned iConductor operationalises these Standards to create a comprehensive global messaging and data service which aligns individual messages with industry processes, while centralizing and simplifying workflow.
“We are delighted to serve GPM’s client base and the industry at large by facilitating standardised data exchange”, said Mark Bennett, ACORD’s VP, Business Development. “Amid the rapidly changing insurance ecosystem in the London Market and beyond, GPM’s strategic focus on technology that enables flexibility, scalability, and adaptability will be key to their clients’ success”.
For more information, see gpmdev.co.uk and www.acordsolutions.com/iConductor.
About GPM Development
GPM Development, a leading London-based software development and cloud hosting company specialising in policy administration, claims management, insurance broker accounting, document production, reporting and associated services.
Established in 1988 we deliver flexible solutions to many varied operations in the UK and overseas and are also acknowledged as specialist supplier to the Lloyd’s of London market.
We always work closely with our clients to build enduring relationships, take time to learn about their evolving needs and use our extensive knowledge and experience to provide solutions which exceed expectations.
The GPM team’s products and services increase competitive advantage through efficiency savings, coupled with licensing arrangements that are precisely designed to future-proof the client’s investment.
Most importantly, our business and our software is secure, reliable and field-proven so our clients can be sure that they have chosen the right technology partner to embrace growth and be able to tackle new challenges and market trends.