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Aon Recognized With Three ACORD Awards for Continued Leadership of Insurance Digital Standards

LONDON, Nov. 16, 2020 Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, has received three awards from ACORD, the insurance industry's standards and technology organization.

An ACORD Award, presented to organizations and individuals that have demonstrated outstanding achievement in implementing ACORD Standards, is a prestigious honor. ACORD Standards help organizations conduct business more efficiently, internally and externally.

During a recent virtual ceremony, ACORD presented Aon’s Reinsurance Solutions with the ACORD Leadership Award. This Award recognizes organizations that demonstrate leadership effectively in the areas of Standards development, advocacy and/or implementation. The award recognizes Aon for going above and beyond in guiding the insurance industry towards greater clarity in the secure sharing of re/insurance data and the firm’s continued leadership and ongoing efforts in encouraging global partner acceptance and use of these Standards. 

Aon’s Reinsurance Solutions also received the ACORD Global Citizen Award. This award recognizes organizations that assist ACORD in globalization initiatives by establishing new opportunities for ACORD in regions where there is little or no ACORD adoption, or by expanding ACORD use across geographies worldwide. ACORD recognized Aon’s Reinsurance Solutions for its continued expansion and global use of the ACORD Standards in its Ruschlikon ACORD messaging implementations, improving the overall effectiveness and efficiency of back-office processing.

In addition, Reinsurance Solutions received the ACORD Industry Contributor Award for its joint work with reinsurer Swiss Re on conducting a messaging pilot utilizing the Post Placement messages, a component of ACORD Standards. Aon and Swiss Re successfully implemented the pilot, providing the foundation for establishing the Ruschlikon ePlacing Steering Committee and Ruschlikon ePlacing Business Implementation Group. These groups will be defining a set of placing standards for adoption by the Ruschlikon community.

Kim Pecylak, Senior Managing Director within Aon’s Portfolio Management & Strategic Initiatives team, said: “With lockdowns resulting from the prevalence of COVID-19 becoming increasingly commonplace, the need for business-to-business connectivity has never been greater. To expand that connectivity in aligned ways across industries is critical and could not be realized without the great work of ACORD champions to introduce and evolve the Standards. Aon has always been a proud supporter of ACORD and its work in furthering the adoption of digital standards and technology, and we are honored to be recognized again for our contributions in this area.”

Bill Pieroni, President & CEO of ACORD, added: “Aon has been an invaluable member of the ACORD community for many years. Their contributions this year are part of an ongoing commitment to expanding the benefits of standardized data exchange across insurance stakeholders. We are proud to work closely with them as we drive efficiency throughout our industry worldwide.”

ENDS

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