Media
Xchanging to offer ACORD messaging for all
20 Feb 2008
Xchanging and Web Connectivity have teamed up for a second time, now allowing underwriters the option of receiving internationally recognised electronic messages rather than London specific EDI (electronic data interchange messages) from Xchanging.
Jonathan Bradshaw, managing director Xchanging Ins-sure Services said, “We are delighted to offer broker and insurer customers alike the option to receive their legacy bureau messages in ACORD format. This is an important step forward to help give impetus to simplifying infrastructure and allow streamlining of processes and adoption of ACORD in London.”
Xchanging will distribute these ACORD messages via Xchanging’s ACORD Gateway (XAG - provided by Web Connectivity) to underwriters. This service, known as ACORD4ALL, allows Xchanging to deliver legacy EDI messages as their ACORD equivalents. Already, over 50,000 ACORD DRI messages per week are processed by Xchanging into the Insurers' Market Repository, powered by Web Connectivity's EnabledB2B Gateway.
James Willison, managing director Web Connectivity said, “Removing Londonisms in the London market is another key step forward in the market reform cycle, to which we are proud to contribute.”
Roy Laker, Assistant Vice President London Market ACORD said, “Combining Xchanging's DRI and legacy messaging volumes puts London as a leading RLC member in volume terms. This is an important part of ACORD plans in London this year.”
For further information, please contact:
Fleur Howard, Astrolabe Communications
T +44 (0) 20 7706 8383
E fleur.howard@astrolabecomms.com
OR
For enquiries about access to XIS’s new ACORD4ALL service, please contact:
Arthur Peake, Xchanging
T +44 (0) 20 7780 6999
Arthur.Peake@Xchanging.com