Transforming (Re)Insurance Operations Webinar / March 23 at 11am EDT

Join Web Connectivity’s James Willison, XL’s Simon Squires, and Advisen’s David Bradford for a discussion about how e-accounting is moving premiums quicker and delivering a significantly improved operational efficiency in the US and global insurance market. This free, one-hour webinar is on Monday, March 23 at 11am EDT.

Register

Monday, March 23 at 11am EDT / 3pm London
“Gateway Messaging – Transforming Insurance Operations”
This is a free, one-hour webinar.

Panelists

  • James Willison, Managing Director, Web Connectivity Ltd.
  • Simon Squires, CPO Regional Manager, XL
  • David Bradford, President, Research & Editorial division, Advisen (moderator)

Summary

Using internationally-agreed ACORD standards, brokers and carriers are sending and receiving premium and claims accounting information and related settlement information to each other electronically. This globally-consistent data standard removes the need for emails and accounting spreadsheets used in the statement process as contracts are reconciled electronically on an individual basis and significantly improves premium and claims payment cycles. These changes to e-Accounting are “Transforming (Re)Insurance Operations.”

Anticipated Panelist Questions

  • How does the e-Accounting process work?
  • Which firms have already engaged in e-Accounting?
  • What are the benefits that can be realized?
  • What does a typical implementation look like?
  • Why do firms refer to e-Accounting as “Rushlikon”?
  • What is the potential for Straight Through Processing and auto reconciliation?
  • What further areas will e-accounting develop into, are there opportunities in Outwards Reinsurance/Co-Insurance?

Who Should Attend?

  • CFOs and Finance Managers
  • Credit control managers
  • Operations managers

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