IBM & ACORD: BPM Models for Insurance?

[CDM]

What Business Process Content did IBM provide to the ACORD Insurance Industry Standards Group?

[blesher]

THank you very much.

[Mary BPM]

IBM is contributing more than 100 business-process models, model definitions and other industry content to ACORD. The models come from IBM's Insurance Application Architecture (IAA), the company's insurance business and IT architecture framework. The donation will accelerate the development and adoption of business-process standards that in turn will help address some of the global insurance industry's greatest challenges.

The overall contribution represents nearly 20 years of research and development by IBM.

The addition of these IBM business-model assets to the ACORD standards portfolio will further enrich the standards and help propel their use within the industry as well as the use of Service-Oriented Architecture (SOA) and web-services. Insurance companies will be able to apply SOA approaches to bring together best-of-breed applications on whatever middleware platforms they choose. The result will be the implementation of more efficient, flexible and profitable solutions - for example, in areas such as claims handling - that benefit both customers and shareowners.
To learn more go to: http://www.acord.org/webfiles/files/ip/ACORD_IBM_IP_ExecSummary.pdf

[max]

Has anyone used the models in WebSphere Modeler?

[mmnolan]

Hi Max,
Physician's Mutual continues to successfully use the WebSphere Business Modeler, along with the IAA process models. Together, these allow PMIC to focus on quickly building best practices process models, risk reduction, and rapid deployment.