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(From Reinsurance)
Greg Maciag, chief executive of the Association for Co-operative Operations Research and Development (Acord), is raring to go: "I would have to say that in my 27 years of experience, I have never been as optimistic as I am today about the role of insurance data standards in the market place."
This burst of enthusiasm is down to the business momentum that comes from an insurance industry which now understands that standards are not merely a back-office mechanism. This, according to Mr Maciag, is in part down to a technology boost provided by the internet, which became, "a renaissance for us in standard setting because it gave everybody ...