Lloyd’s Kinnect Platform Wins Two ACORD Awards

Kinnect, the electronic platform develped by Lloyd’s, which securely exchanges risk data and wordings between brokers and underwriters, has won two awards from international standards body ACORD.

“The platform has won the Business Integration Enabler Award for its work using ACORD standards to integrate systems more efficiently and cost-effectively,” said a company announcement. “It also received a Certification Award for using ACORD standards for Property and Casualty.”

Both awards were announced at the ACORD LOMA Forum in Orlando, Florida, on Sunday, May 22.

Kinnect’s Chairman Iain Saville commented: “These awards recognise the excellent progress Kinnect is making in delivering services to brokers and underwriters as part of their co-operative drive to modernise the insurance industry and make it more secure and efficient. We continue to work with ACORD across the insurance community, enabling businesses to communicate with each other accurately and efficiently.”

Topics Excess Surplus Lloyd's