News
Xchanging Attains Certification for Repository Work
24 May 2005
LONDON – May 24, 2005 – Xchanging, the leading business processing services provider, announced today that it was awarded the ACORD 2005 Early Certification Award for its Xchanging Distribution Hub (XDH) Document Repository Interoperability service.
The XDH service enables the exchange of business documents over HTTP/S using SOAP (Simple Object Access Protocol) with Attachments. The ACORD SOAP messaging framework is a specification that allows the transportation of business documents, including attachments, throughout the insurance industry with real-time verification of receipt.
XDH functionality is key to the ECF (Electronic Claims File) reform project, which is being run by the Lloyd’s Market Association. The project is intended to deliver the infrastructure needed to handle claims electronically in the Lloyd’s market by April 2006.
“Xchanging continues to show its leadership in the adoption of standards by the London Market,” said Denise Garth, Vice President of ACORD Membership and Development. “Messaging standards are a key tool in modernising the way insurance is transacted.”
Xchanging, the leading business processing services provider, announced today that it was awarded the ACORD 2005 Early Certification Award for its Xchanging Distribution Hub (XDH) Document Repository Interoperability service.
The XDH service enables the exchange of business documents over HTTP/S using SOAP (Simple Object Access Protocol) with Attachments. The ACORD SOAP messaging framework is a specification that allows the transportation of business documents, including attachments, throughout the insurance industry with real-time verification of receipt.
XDH functionality is key to the ECF (Electronic Claims File) reform project, which is being run by the Lloyd’s Market Association. The project is intended to deliver the infrastructure needed to handle claims electronically in the Lloyd’s market by April 2006.
Xchanging
Alistair Lamb
Head of Corporate Communications
34 Leadenhall Street
London , EC3A 1AX, UK
+44 (0) 7801 628699
alistair.lamb@xchanging.com
Media Relations
Ross Gow
Cubitt Consulting
30 Coleman Street
London, EC2R 5AL
+44 (0) 20 7367 5100
ross.gow@cubitt.com
About ACORD
Based in New York, ACORD (Association for Cooperative Operations Research and Development) is a global, nonprofit insurance association whose mission is to facilitate the development and use of standards for the insurance, reinsurance and related financial services industries. ACORD accomplishes its mission by remaining an objective, independent advocate for sharing information among diverse platforms. Affiliated with ACORD are hundreds of insurance and reinsurance companies, and thousands of agents and brokers, related financial services organizations, software providers, and industry organizations worldwide.