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Xchanging : supports ACORD LOMA Forum

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Xchanging announces it is proud to be the Diamond Sponsor at the ACORD LOMA Forum in Las Vegas on the 6-8 May. At the event, Adrian Guttridge, Executive Director, Global Insurance Services at Xchanging, will examine how companies can meet the increasing demands of the 21st century customer and the ultimate impact upon the global (re)insurance industry.

The global (re)insurance market is an increasingly complex and regulated business. Integral to the success of the market is the management of contractual performance and cash flow between brokers, including effective management across borders and currencies.

Advancements in technology and how these improvements affect the global industry will be explored during the forum as Guttridge looks at the challenges and opportunities the market faces. The key themes to be investigated are the efficiencies of automation, effective use of analytics and big data, the benefit of offshoring/outsourcing, the inevitability of telematics and mobility and shared services/utilities.

Adrian Guttridge, executive director, Global Insurance Services at Xchanging comments: “I think it’s no exaggeration to say that the world is changing at breakneck speed; providing more and more opportunity for us to transform business models in the insurance sector. The potential to shape and influence behaviour in emerging markets and growing populations where we see increasing wealth and technology enablement is truly exciting.

“The ACORD LOMA Forum is the premier event for insurance technology, business and networking and as the largest creator and processor of ACORD messages in the world, Xchanging is proud to sponsor this event.”