Non-life electronic accounting – A comprehensive view
The publication “Non-life electronic accounting – A comprehensive view” provides insight on how the non-life reinsurance accounting and settlement process – and thus business relationships as a whole – can be rendered more efficient.
The publication highlights the main features of how electronic data exchange can be embedded effectively in an operative accounting setup. It aligns best practice in electronic data exchange with the available and jointly developed eBOT industry standard based on the ACORD RLC standard offering. The publication introduces an integrated approach covering common aspects in the accounting process, the information needs, and the main steps involved in implementing a solution based on industry data standards. The implementation of this approach will lead to better quality, lower costs and faster processing in the exchange of accounting and settlement information.
