Ruschlikon

Ruschlikon is a collaborative working group, sharing ideas and best practice thinking to create more efficient and effective administrative procedures across the global insurance & reinsurance industry. The key focus has been to create an implementation community for the Ruschlikon messaging process, adopting ACORD standard messaging, and radically restructuring accounting & settlement procedures. Users who have implemented the new process report operational cost savings of up to 30%, the elimination of the need for data re-keying, and the acceleration of cash flows by up to 30 days. Ruschlikon is comprised of active implementation communities in the UK, North America, and France. It also has a Business Implementation Group (BIG), a technical committee that ensures that the Electronic Back Office Transactions (EBOT) and Electronic Claims Office Transactions (ECOT) represent the needs of members. Additionally, there is a Marketing Group, which promotes the Ruschlikon brand globally and supports the aims of the Ruschlikon Steering Committee, which are: • Increasing traffic & the critical mass within the Ruschlikon community and building on strong brand value• Creating new relationships with existing partners • Attracting additional members such as new brokers, co-insurance market players, and new reinsurance members (both sending & receiving)For more information and to find a local contact, please go to www.ruschlikon.com