Real-time P&C Standards Take Off
If the theme of last year's ACORD Property and Casualty program was "the year when the rubber met the road," then this year it should be "and now we're putting the pedal to the metal." It is one thing to define a standard, but it is much harder to implement that standard.
Implementation of standards-based systems has risen dramatically in the last 12 months, and the industry at large is now linking its standards implementation to key focus points as it responds to business drivers, market forces and capital restrictions.
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