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Subject: I googled this old announcement re: ACORD's eMerge project and the eEG7's SMILe project
Standards Organizations Announce a New Initiative for Globalizing Insurance Standards Pearl River, NY - August 15, 2002 - ACORD (Association for Cooperative Operations Research and Development), an insurance standards setting organization with global reach and eEG7, the European standards body for the insurance industry have announced a common initiative aimed at developing a global basis for interoperable insurance messages. Both organizations have agreed to harmonize the results of their respective initiatives: ACORD's eMerge project and the eEG7's SMILe project, allowing insurance and reinsurance companies, solution providers and intermediaries to work seamlessly with one another across borders. "This combined effort will result in the creation of a real, global data model and a repository for the insurance industry," said Gregory A. Maciag, president and CEO, ACORD. "By working with eEG7, the idea of a true global standard for the insurance industry can be realized." Luc Sterck, chairman of eEG7 added "eEG7 is pleased to make both its material and expertise available in order to produce global standards. We are convinced that this agreement will give our achievements the visibility they deserve and will benefit the global insurance industry." ACORD has solid foundations in the European insurance market covering reinsurance and large commercial and in the American insurance market covering life, annuity, property and casualty and reinsurance. ACORD also supports standards development and implementation in South Africa, Canada, Asia Pacific and Australia. eEG7 provides standards to the European insurance industry and has an in-depth knowledge of private insurance and commercial insurance. The common knowledge of the two organizations will further the global view of the insurance industry. The collective initiative will be based upon the ebXML specifications and will be developed according to the UN/CEFACT specifications for international standards. The initiative will be launched at the upcoming CEFACT Forum in Geneva, September 8-13. Participation by all nations and standards organizations is welcome. Note: A photograph of participants is available per your request. For further information please contact: Beth Grossman Assistant Vice President of Industry Relations, ACORD bgrossman@acord.org +1 845.620.1700 x421 www.acord.org Henning Jensen eEG7 Promotion Working Group Convenor hj@forsikringenshus.dk +45 33 43 56 36
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