Faster cash, higher efficiency, better information – the Ruschlikon Initiative connects leading players of the (re)insurance industry to advanced back office processes such as technical accounting, claims and settlement using the ACORD Global Reinsurance and Large Commercial (GRLC) Standards.
Mission Statement
Reshaping
the (re)insurance industry, through the design and implementation of
processes that reduce operational cost and enhance client service
Key Objectives
- Replace paper closings and statements with ACORD standard structured data messages
- Enhance service, improving speed, quality and integrity of critical information
- Improve the financial agreement and settlement of premiums and claims
- Ensure operational excellence by agreeing rules and protocols to deliver business benefits
- Reduce costs through back‐office data integration and process automation