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Many of you reading this are abundantly aware of the amount of time and energy wasted typing and re-typing information into underwriting and policy systems. The issue is especially apparent when multiple parties exist in the value chain (e.g., agency, MGA, carrier).

Specializing standards-based data using processes and components — that are also managed by standards organizations — is a way to drastically reduce the problem. Fortunately for all of us, this work is going on right now.

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