London-based Web Connectivity, which provides solutions for data transformation and exchange, has appointed James Willison as Managing Director with a mandate “to drive its business offerings in the London Insurance market.”
The move signals further progress in transforming the London Market, especially Lloyd’s, from generations of paper shuffling into the age of computers, e-mails, electronic data transfer and the Internet.
Willison joins the Company from the Market Reform Program Office (MRPO). He “will be responsible for the growth of Web Connectivity’s messaging gateway services in the London market, and through the use of its EnabledB2B, the award-winning messaging, data transformation and document repository interface solution, and EnabledR2R which allows document exchange using ACORD DRI messaging to support market firms with their implementation the London Market reform agenda,” said the bulletin.
Willison commented: “The market is embracing electronic transfer of data and Web Connectivity has the necessary skills, resources and products to deliver electronic reform. I am looking forward to working with the market and the Web Connectivity team to implement solutions that deliver the reform agenda.”
He has been a management consultant to the London market for the last 5 years. In the MRPO he worked on the development of a number of the most important aspects of London’s reform program including the development of the LMP Slip, and its replacement the Market Reform Slip and the ACORD compliant Global Placing Document (GPD). He was also responsible for the management of LMP Slip Audit Team and worked closely with many brokers and insurers on the measurement and quality of slips.
Web Connectivity, launched in 2003, focuses primarily on enabling companies to exchange structured and/or unstructured information using ACORD data and messaging standards. The company is an active member and participant in ACORD and has a leading role in the design, creation and implementation of the Document Repository Interface standard.
Was this article valuable?
Here are more articles you may enjoy.