NewswireToday - /newswire/ -
London, United Kingdom, 2008/07/04 - Award winning insurance messaging specialist TriSystems has just moved to new City of London UK offices, expanding its City base, right at the heart of the international insurance marketplace.
TriSystems' offices, located at the heart of the City of London's insurance hub, have expanded accommodation for staff and more comfortable meeting spaces for customers.
“As the market reform process steps up a gear and our client base continues to expand, we decided to set out our stall bang in the middle of the market”, says Jeff Ward, Business Development Director at TriSystems. “It’s evidence of our strong commitment to our customers and to the London Market. We want to be closer to them and serve them better.”
“The move, which is part of our long-term plan, is the latest in a string of good news stories from TriSystems with many more in the pipeline. And it comes hot on the heels of a whole string of awards we won recently from ACORD,” he concludes.
TriSystems’ offices are now at 19-21 Billiter Street, London, EC3M 2RY UK.
TriSystems’ business and technical expertise in peer to peer communications in both insurance and reinsurance has allowed them to create the most comprehensive Acord specific London market gateway – the TriSystems’ Universal Messaging Gateway (UMG). Customers already include: Lloyd’s, ACORD, Brit and Zurich London. TriSystems are an international software specialist headquartered in London known for their long history of service and support in the London market.
TriSystems’ products and services help customers transact better business allowing them to communicate most effectively using ACORD/London Market specific XML messages. They bring to the market the technologies that allow disparate insurance systems, be they broking or underwriting, to trade electronically with each other – and the experience and expertise needed to implement and run them.
While previous attempts at providing an electronic trading platform across the London and international markets have failed, TriSystems’ tried and tested approach works – and is available now.
Based in New York, ACORD (Association for Cooperative Operations Research and Development) is a global, nonprofit insurance association whose mission is to facilitate the development and use of standards for the insurance, reinsurance and related financial services industries. With offices in London as well, ACORD accomplishes its mission by remaining an objective, independent advocate for sharing information among diverse platforms. ACORD Standards and services improve efficiency and expand market reach. Affiliated with ACORD are hundreds of insurance and reinsurance companies, and thousands of agents and brokers, related financial services organizations, solution providers, and industry organizations worldwide.