How much time does it take you to process the information youreceive for an excess & surplus (E&S) lines client? TheE&S Joint Working Group is bringing awareness to the industrythat if today's systems aren't based on industry standards, theindustry is missing the opportunity to streamline its workflows,connect to a number of industry partners, and ultimately reduce itscosts.

Formed in 2008, the E&S Joint Working Group(ESJWG) is an alliance of carriers, agents and vendors working withthe American Association ofManaging General Agents (AAMGA), ACORD, Agents Council for Technology (ACT) of the Independent Agents& Brokers of America, and the National Association of ProfessionalSurplus Lines Offices (NAPSLO). ESJWG's mission is to improvethe efficiencies for retail agents, general agents, wholesalebrokers and carriers by promoting the use of ACORD standards,best-practice workflows and the electronic exchange of data amongeach of the business partners. The group comprises retailagent/general agent, carrier and Lloyd's subgroups.

In the retail agent to MGA/carrier space, there has been a 14%increase in the number of ACORD Standards-based commercial linestransactions flowing through IVANS, a division of Applied and oneof the providers of technology solutions for data exchange andintegration between insurance carriers and agencies. According totheir statistics, by the end of 2014, the number of commerciallines transactions flowing through the network had exceeded 8million; this year the growth continues.

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