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Aon‘s reinsurance business receives double accolade for implementation of ACORD Standards

 

LONDON, 7 November, 2016 – Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON), today announces that it received two awards from ACORD, the global standards-setting body for the insurance industry, during a recent ceremony in Boca Raton, Florida.

ACORD Awards are presented to those organizations and individuals who have demonstrated outstanding achievement in implementing ACORD Standards, which help organizations to conduct business more efficiently, both internally and externally.

At the ceremony, Aon Benfield was awarded:

  • The ACORD Leadership Award – the Leadership Award recognizes organizations that demonstrate leadership effectively in the areas of Standards development, advocacy, and/or implementation. By receiving this award, Aon is recognized as having gone above and beyond in guiding the insurance industry towards greater clarity in the sharing of re/insurance data. Aon was recognized for its ongoing efforts in encouraging global partner acceptance and use of these Standards.
  • The ACORD Global Citizen Award – the Global Citizen Award recognizes Aon for assisting ACORD in globalization initiatives through the expansion of Aon’s messaging engagements which have fostered new opportunities for ACORD in regions where there is little or no ACORD implementation. It has also expanded the use of ACORD Standards across geographies worldwide. Aon continues to lead the industry in global messaging efforts.

Kim Pecylak, Aon Benfield Senior Managing Director, Global Project Office & eCommerce, said: "We have always been proud to participate in the development and promote the global use of ACORD Standards. We see ACORD and the associated Ruschlikon Initiative as critically important at this revolutionary time in the re/insurance industry.  We are grateful for the partnerships we have formed and are truly honored to be recognized for our leadership in this effort."

Bill Pieroni, CEO of ACORD, added: “ACORD is pleased to recognize Aon for their contributions and overall commitment to improving effectiveness and efficiency across the insurance industry. We greatly appreciate and value their leadership efforts.”

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