Since 1 January 2013, “Insurance Market Technologies” has been representing ACORD’s interests in Russia

Since 1 January 2013, “Insurance Market Technologies” has been representing ACORD’s interests in Russia

Since 1 January 2013, “Insurance Market Technologies” has been representing ACORD’s interests in Russia

Insurance Market Technologies project’s mission is to create a positive environment for the development of insurance technologies in Russia, to promote the ideas aimed at boosting insurance market growth and increasing its civility, and to consolidate the interests of its key players taking into account their wide variety. One of the primary tasks is to introduce the international insurance standards such as those developed by ACORD (Association for Cooperative Operations Research and Development) in Russia.

ACORD (Association for Cooperative Operations Research and Development) is a global, nonprofit organization for cooperative operations research and development.  For many years, ACORD has participated in insurance standardization all over the world. The standards developed and maintained by ACORD are focused on cooperation of all subjects of the insurance market. Global introduction of ACORD Standards allowed to improve the quality of data and data flows, to increase the objectivity and the quality of analysis, to save millions of dollars for the global insurance industry.Сертификат

ACORD unites  hundreds of insurance and reinsurance companies, agents and brokers, software program suppliers and associations worldwide. ACORD Standards allow them to speak the same language. Thanks to playing by the same rules, insurers, reinsurers, agents, brokers, developers of technical solutions will be able to communicate with each other in a more effective way.

ACORD (Association for Cooperative Operations Research and Development) facilitates the development of open consensus data standards and standard forms, and works with its members and partner organizations to drive implementation of those standards. This process was initiated in 1970, when insurance documents templates were standardized.

“Insurance Market Technologies” project was founded in 2012. Its mission is to create a structure for the Russian insurance market that promotes ideas aimed at boosting its growth and making it more civilized, consolidating the interests of its key players and at the same time covering a wide range of important issues in the field of Russian and global insurance. In the nearest future, its main activity will be focused on standardization of insurance operations.

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