IUA Circular 069/24
Digital Data Exchange:
Interoperable ACORD Standard Placing, Accounting and Claims
with guest speakers from ACORD
Mark Bennett, SVP Business Development
Simon Whittle, SVP Product Development
Clarissa Montecillo, Head of GRLC
Welcome and Introduction from Event Chair: Louise Day, COO, IUA
This market briefing will be: in-Person only
Event Date: Tuesday 12 November 2024
Time: Registration Buffet Breakfast from 08.30am
Session commences at 09.00am for approx 90 mins (UK/London time)
Venue: ACORD Conference Suite, ACORD offices, 8th floor, 1 Minster Court, Mincing Lane, London EC3
Subject: At this market briefing attendees will gain an insight and understanding of digital data exchange with brokers and cedents as well as understanding the latest updates on ACORDs digital placing.
This is a free event, but names and email addresses of all attendees are required for registration.
For many insurers, recognizing the need to innovate and implementing digitally enabled distribution can often result in increased revenue, improved productivity, and reduced customer costs.
At this market briefing event, our guest speakers from ACORD will highlight how IUA members can transact digitally with brokers and cedents regardless of their message maturity.
The presentation will include digital placing, accounting and claim standards as well as interoperability demonstrations including converting email submission, contracts and SOVs into digital outputs, effectively streamlining the manual entry process.
Attendees will gain an insight and understanding of digital data exchange for the LMBP2 Phase 1 & 2 and globally with brokers and cedents as well as provide the latest updates on ACORDs digital placing.
Our Speakers:
Simon Whittle is Senior Vice President of Product Development for ACORD Solutions Group. He is responsible for global product direction and strategy for ACORD Solutions Group’s insurance data exchange and insurance document digitization solutions. Simon has been creating business technology solutions for the insurance industry for over 25 years.
Mark Bennett is Senior Vice President of Global Business Development at ACORD Solutions Group and is responsible for strategic business growth. He has extensive experience and knowledge of major global insurance and reinsurance markets, especially London and Lloyd’s, with specific expertise in business development, account management, business analysis, and project management. Mark brings a comprehensive understanding and familiarity with all aspects of the software development life-cycle gained over the past 14 years. Furthermore, he has developed competencies in stakeholder management, sales, and pre-sales with experience leading client-facing engagements, enhanced by a strong personal and commercial insurance industry background.
Clarissa Montecillo is Principal Business Analyst and Head of GRLC at ACORD. Clarissa is responsible for spearheading the development and adoption of the Global Reinsurance and Large Commercial Standard within the insurance and reinsurance communities. Clarissa has over two decades of experience in the insurance industry with a focus on driving technology and business change and has held roles in leading broking and (re)insurance companies. Prior to joining ACORD, Clarissa was an active member of the Ruschlikon community. Clarissa chairs the GRLC Programme Advisory Board.
As a member of the CPD (Continuing Personal or Professional Development) Certification Service the IUA is committed to providing high quality training activities. Our market briefing events are certified as being suitable for CPD purposes. An email will be forwarded to all attendees post-event, with a link to request CPD Accreditation.
IUA market briefing/events questions: email
Deborah Finch, IUA Events Manager.
Disclaimer: The market briefing presentation materials and speaker comments therein were prepared solely by the presenter(s) in their personal and professional capacity. Any materials or opinions expressed do not necessarily represent the views of the IUA and IUA does not bear any responsibility for, or liability to, any parties in respect of the accuracy, legality or overall content of the presentation or any other comments made by speakers or other attendees during the market briefing.
Anti-Trust Statement: All members are expected to adhere to the IUA’s Competition Law Policy.
IUA Principles of Good Practice: All attendees are expected to follow the IUA Principles of Good Practice.