Bookies vs. Doctors: Who Makes Better Business Decisions & Why, & What Does It Have to Do with ACORD Implementations? is the intriguing title of a session at this year's ACORD LOMA Insurance Systems Forum.

Phebe Arouni, e-business program manager at PartnerRe, will provide an overview of how the introduction of Business Process Management (BPM) enabled a reinsurer to implement eAccounting in approximately half the time it would have taken using traditional development methods.

Arouni explains that the content of her presentation draws from an anecdote she heard while participating in the ACORD metrics initiative. To measure the value that BPM brings to a business, she says one way to think about it is how a doctor makes estimates, compared to a bookmaker.

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