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Jun 16, 2021

InsurerCore Joins Placing Technology Vendor Partners of ACORD Solutions Group

LONDON, UK, June 16th, 2021 - Digital insurance networking innovator InsurerCore today announced it is joining the Licensed Integrator Partner community of ACORD Solutions Group (ASG), the industry-owned subsidiary of ACORD, the standards-setting body for the global insurance industry.

InsurerCore’s participation further enhances the community of Placing Technology vendors within the Licensed Integrator Partner program, which include Whitespace, Supercede, Relay, and others, by providing a platform that helps users identify whom to place with, and how. Collectively these solution providers are transforming the way business is identified, networked and placed across the global market.

The InsurerCore platform enables underwriters, brokers, and agents to showcase new products, monitor market appetite, expand professional networks, and advertise their expertise to the industry. InsurerCore utilises the ACORD Standards throughout their platform in order to standardise business classification, facilitating the platform’s global reach by ensuring data consistency throughout both established and emerging markets.

“Integrating the ACORD Standards throughout our platform has allowed us to create the most detailed appetite search in the market. Our 3900 users can use the ACORD Standards and other insurance criteria to filter through our 700 insurance products, making us the most accurate insurance matching platform in the market,” said Peter Clarke, Founder and Managing Director, InsurerCore.

“With an increased strategic focus on pre-bind placing submissions across the global reinsurance and large commercial market, there is a clear industry demand to connect and exchange this business on industry-standard platforms,” said Chris Newman, Managing Director – Global, ACORD. “The growing presence of digital networking and placing platforms in the Licensed Integrator Partner program demonstrates the commitment and collective influence these vendors have in driving standardised data exchange. Working together, we will make placing data exchange capabilities available across the market, greatly reducing the frictional cost of transacting business.”

About InsurerCore

InsurerCore is an online community of insurance professionals from all aspects of the market. As well as being able to search product listing from over 100 providers, users can connect, network, share content and ideas, submit enquiries and identify new market opportunities through our platform analytics. We help brokers to stay up-to-date on who is writing what, where and how while providing underwriters and wholesalers an understanding of new business opportunities within our network.

With nearly 2000 companies, 4000 professionals, and over 700 insurance products, InsurerCore is the largest insurance networking platform in the UK.

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