EDI call as brokers face fines over motor database delays
Misys has urged brokers to increase their use of electronic data interchange (EDI) in response to in...
Misys has urged brokers to increase their use of electronic data interchange (EDI) in response to insurer agency pressure over Motor Insurance Database (MID) delays.
With the MID requiring 95% of all driver data delivered to it within 14 days, and targets set to tighten in the next two years, the software house believes brokers need to take advantage of EDI products, to demonstrate their commitment.
Mark Ryder, Misys General Insurance's commercial director, said: "By trading via EDI, brokers are
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- In Depth: Managing cyber risk in an ever-changing security landscape
- Covéa cuts losses but underwriting deficit grows
- In Depth: Cyber risk and AI – friend or foe?