NU Online News Service, Dec. 1, 3:18 p.m. EST
The Insurance Exchange Trust is moving ahead with development of an insurance exchange, establishing an oversight committee it said will make the insurance transaction easier for everyone involved.
Last week, The Trust announced the establishment of its board of insurance professionals dedicated to overseeing the LexisNexis Insurance Exchange.
The Trust said its mission will be to "provide both guidance and insight" to LexisNexis Risk Solutions, which is the developer of the exchange, to ensure the exchange "fully supports the needs of the insurance distribution market, carriers and their customers."
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