1. Ruschlikon General Assembly March 30th ,2017 2pm to 5
Ruschlikon General Assembly March 30th ,2017 2pm to 5.15pm ACORD, London

2. Ruschlikon General Assembly Agenda1
Ruschlikon highlights
Key facts and figures
Q&A with the audience
30’
Ruschlikon Technology Providers Group: Plans in relation to supporting the Ruschlikon community achieve their stated goals, and considering in particular some technology trends like
Integrated rule-based checks replacing human controls by machine ones
Cognitive computing where unstructured documents will be translated into structured data
60’
Break
10’
Ruschlikon/LMG TOM Panel: “Making it happen: Bureau and non-Bureau alignment and accelerating London Market change”
90’
Wrap-up & conclusion 5’ 2 3 4

3. Ruschlikon highlights

4. Reminder of what is Ruschlikon – Global Community1
Ruschlikon is a large global community of insurers, brokers and reinsurers reshaping the insurance, coinsurance & reinsurance industry …
…through the design and implementation of standard dematerialized exchanges and processes, reducing operational cost and enhancing client service

5. Reminder of what is Ruschlikon – Market Share1
Reinsurers
Brokers
P&C Business - London
Ruschlikon reinsurers represent more than 60% of the global reinsurance market
The leading brokers are Ruschlikon members, and represent 75% of the reinsurance broker market
The Ruschlikon carriers cover around 50% of the P&C business written in the London Market
60%
75%
50%

6. Reminder of what is Ruschlikon - Value proposition1
Standard Data Messages & Best Practices
Process Automation
Less re-work & Queries
Enhanced Cash Flow
Improved Controls
Increased Efficiency
Mission:
Connect leading players of the (re)insurance industry to advanced back office processes using ACORD Standards and Ruschlikon Best Practices
Technical Accounting
Claims
Settlement
Steering Committee
Business Implementation Group
Marketing Group
Technology Providers Group
Regional Communities
Brokers & (Re)insurers
Consistent approach, using global standards, driving worldwide coverage
6 Continents
40 Countries
50s of companies
1,000s of offices

7. Reminder of what is Ruschlikon - Global Governance1
Global Governance
Major governance bodies 1
Steering Committee
Regis Delayat (SCOR, Chair)
Theo Bachmann (Swiss Re)
Richard Brame (Willis TW)
James Bobbitt (Lloyd’s)
John Canavan (Guy Carpenter)
Greg Gaydos (AIG)
Dietmar Meyer (Munich Re)
Tom Neff (Aon)
Trina-Lane Pearce (XL Catlin)
Simon Squires (XL Catlin)
Business Implementation Group (BIG)
Marketing Group (MAG)
Julie Gooch (Willis)
Technology Provider Group
Steve Street (Pro)
James Willison (WebConnectivity)
Regional Implementation Groups (RIG)
UK:
North America:
Shawn Sylvester (Endurance)
Bermuda:
Steering Committee
Regional Implementation Groups UK
North America
Bermuda
Business Implementation Group (BIG)
Marketing Group
Technology Provider Group 1 2 3 4 5 2 3 4 5

8. Where does Ruschlikon stand ? – Business Implementation Group (BIG)1
Optimizing straight-through-processing
ACORD data standards evolution
Process optimization

9. Where does Ruschlikon stand ? – Marketing Group (MAG)1
Various marketing materials to support the Ruschlikon’s adoption and usage
Videos
Interviews
Ruschlikon Engagement Database
Publications
Ruschlikon e-workflow
Ruschlikon end-to-end processing
Ruschlikon blockchain PoC
Ruschlikon members
Interview of Joe DAINTY (Lloyd’s Global Head of Operations) published recently
Capabilities of Ruschlikon members, and overall vision of their implementations of ACORD Standards Data Messages & Ruschlikon Best Practices
Press Releases
KPI’s
Quarterly Newsletter
Business Cases
website
Social Networks

10. Where does Ruschlikon stand ? – Regional Presence1
A worldwide presence
Ruschlikon North America
Ruschlikon UK
Ruschlikon Bermuda
Ruschlikon Europe
Ruschlikon Asia Pacific
Regional Implementation Groups
Under global Ruschlikon Members’ lead

11. Where does Ruschlikon stand ? – “Ruschlikon powered by ACORD”1
Bill PIERONI’s (ACORD CEO) strategy fully focused on implementation, supporting Ruschlikon and providing resources for that purpose
Ruschlikon wish list to ACORD I II
Better visibility at the Executive / C-level
Making implementations easier & shorter

12. Where does Ruschlikon stand ? – Collaboration with the London TOM1
To secure the overall consistency with the LMG TOM, a cross-governance has been set up
Overwiew of Ruschlikon-TOM collaboration
Cross-governance
Rushlikon instances
James BOBBITT (Lloyd’s) represents the London TOM at the Steering Committee
Tim PLEDGER is an active member of BIG
London specific requirements considered for ebot/ecot evolutions
TOM instances
Theo BACHMANN (Swiss Re) represents the Ruschlikon Steering Committee at the CSRP Board
Richard BRAME (WTW) also sits at the CSRP Board for LIIBA
Joint representation in the GPM workgroup (linking with PPL)
UNDERWRITING
ADMINISTRATION
SETTLEMENT
Global Placing Message (GPM) Placing supplementary guide with:
Full data set / Base data set
ACORD GRLC messages following EBOT/ECOT
implementation guides:
TA - Technical Account
CM – Claim Movement
FA - Financial Account
Net-settlement process suitable for related implementations
TOM-settlement solution / attractiveness for Ruschlikon
Post-placement uses GPM elements
PSR / Replay of FA & ACK, Reconciliation Msg
RUSCHLIKON “BEST PRACTICES”
PPL
CSRP
Net
Settlement
London TOM
Joint effort between TOM and Ruschlikon members, under ACORD leadership
Pilot successfully completed and ACORD standard approved

13. Reminder of what is Ruschlikon - Value chain scope1
Joint effort with London TOM
Current Focus
Under Review
Placement
Accounting
Net Settlement
Global Placing Message (GPM)
TA (Closing Advice)
FA (Financial Statement)
CM (Claim Movement)
ACK (Message Acknowledgement)
Process Service Request Message (PSR)
Reconciliation Message
GPM Elements in Post-Placement
PSR wraps FAs & ACKs for batched settlement Reconciliation Message

14. “The (re)insurance end-to-end process in the digital world”1
Insured
Insurance
Broker
Insurer
Co-Insurer
Insurer or
Lead
Reinsurance
Reinsurer
(Internal Reinsurer)
(Retrocessionaire) 2 3 4 5 6 7 8 1
Insurance underwriting, direct or via a broker
Insurance broker placement
Co-insurance placement
Internal reinsurance
Reinsurance via broker
Direct reinsurance
Reinsurance broker placement
Retrocession via broker or not
Video #2 to be added at the end
Long Video : 5’13

15. Where does Ruschlikon stand ?1
Our two major Ruschlikon objectives I II
Increase the traffic within the community
Enlarge the community

16. Where does Ruschlikon stand ? – Main KPIs1
Significant results have already been achieved, again further enhanced in the next months
Number of Ruschlikon partners
Ruschlikon ACORD GRLC Message volumes
Time to process an account (electronic vs paper)
Time between send/ack for electronic TA, CM and FA
Cumulated number of partners Ruschlikon members are engaged with
Number of Ruschlikon Messages
Average number of days required
to receive and book an account (TA)
electronically vs paper
Average number of days required
to receive and acknowledge
TA, FA, or claim electronically

17. Ruschlikon’s ACORD GRLC Message Volumes: Strong upward trend1

18. Where does Ruschlikon stand
Where does Ruschlikon stand ? – Innovation through the Blockchain Proof-of-Concept 1
A 2-month Proof-of-Concept to assess the feasibility of using blockchain technology to enhance the Ruschlikon initiative
A simulation of representative core transactional data exchange (ACORD “Technical Account” and “Acknowledgement” messages) between 2 Brokers and 1 Reinsurer has been successfully implemented

19. Technology Providers: Open discussion about Ruschlikon support & technology trends

20. Open discussion with Technology Providers2
Plans in relation to supporting the Ruschlikon community achieve their stated goals, and considering in particular some technology trends like
How do you see the following technology trends impacting our Ruschlikon business?
Are you investing in them?
Integrated rule-based checks, replacing human controls by machine ones
Cognitive Computing, translating unstructured documents into structured ACORD standards

21. Break – 10’

22. Ruschlikon/LMG TOM Panel
“Making it happen: Bureau and non-Bureau alignment and accelerating London Market change”

23. Panel composition 3
Steven PALLETT Lloyd’s, Head of UK Operations, Global Operations
Richard BRAME Willis Towers Watson, Global Director of Accounting & Settlement, Ruschlikon Steering Committee
Steve REID CSC, Business Strategy Director
Dietmar MEYER Munich Re, Head of Technical Accounting Dpt.
Ruschlikon Steering Committee
Simon SQUIRES XL Catlin, Middle Office Lead Ruschlikon Steering Committee
Mark KINSELLA ACORD, Panel Facilitator

24. Wrap-up & conclusion