ACORD promoted Puneet Bharal as program director for its Reinsurance and Large Commercial (RLC) standards program. He formerly served as the RLC Program Manager.
In this new position, Bharal will manage the RLC standards program worldwide from ACORD’s office in London. He will also be involved with cross domain initiatives such as the ACORD Standards Framework and working with ACORD’s other two standards domains – Property & Casualty/Surety and Life & Annuity.
Since 2001, ACORD has been maintaining and advancing the development of data standards for the reinsurance sector. In that time, ACORD standards have been identified as a key component of the London Market reform initiative to improve claims handling, accounting and settlement, and placing.
The announcement was made prior to the official launch of ACORD Video on Demand (www.acordtv.org) in London being held Oct. 4, 2006 at their office in the London Underwriting Centre. Bharal is also involved in the ACORD Video on Demand within the reinsurance sector as well as for the London Market and he will be working to help develop video in response to market needs.
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