Willis Group Holdings Leads Insurance Industry Modernisation Drive

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For the second successive year, Willis has scooped multiple awards in recognition of achievements in ACORD data standard implementations.

Willis Group Holdings (NYSE: WSH), the global insurance broker, is leading the way in e-Accounting and London Market modernisation, scooping up four awards at the recent 19th annual ACORD Awards ceremony, held in Fort Lauderdale, Florida. This is the second consecutive year that Willis has picked up multiple awards at the event.

The awards recognise achievements in ACORD data standard implementations. Willis was singled out for the:

  •     Global Reinsurance and Large Commercial Pioneer Award - for driving and being the first organisation to implement the new 2010.2 ACORD standard.
  •     Most Compelling Case Study Award – recognising Willis’ replacement of legacy accounting processes and proprietary messaging with e-Accounting process using ACORD Standard messages
  •     Global Reinsurance and Large Commercial Volume Implementer Award - for demonstrating a high proportion of growth in electronic transactions (messages sent and received).
  •     Global Reinsurance and Large Commercial Outstanding Contribution Award – recognising Willis’ broad engagement with ACORD to improve e-Accounting standards.

Graham Card, Executive Director and Business Lead for Willis’ e-Accounting roll-out, picked up the awards on behalf of Willis.

Speaking about the achievements, Card said, “I’m very proud to have represented Willis and the e-Accounting team in picking up these awards. We have been at the forefront of bringing standards to life in terms of real delivery and benefit for a number of years, and these four awards are a reflection of the hard work we’ve put in. We look forward to working alongside other carriers, both in London and the wider global market, to continue the drive towards electronic processing.”                    

Simon Gaffney, Chief of Staff, Willis Group, said, “Congratulations to the team for this excellent achievement. Willis is delighted to work alongside so many parties in demonstrating the tangible benefits of standards from e-Accounting.”

Willis Group Holdings plc is a leading global insurance broker. Through its subsidiaries, Willis develops and delivers professional insurance, reinsurance, risk management, financial and human resource consulting and actuarial services to corporations, public entities and institutions around the world. Willis has more than 400 offices in nearly 120 countries, with a global team of approximately 17,000 employees serving clients in virtually every part of the world. Additional information on Willis may be found at http://www.willis.com.

Willis Limited is the principal UK broking company of Willis Group Holdings.

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Sarah Robson
Willis Group Services Limited
+442031247452
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