PEARL RIVER, NY--ACORD released a new Strategic Briefing, Impact of Technology and Data in Rating A Company's Financial Strength, that provides insight into the process used by one of the industry's leading ratings agencies when evaluating the technological capabilities of an insurer, reinsurer, or intermediary.
The document was written by John Bareiss, senior director, Fitch Ratings, and provided to ACORD for distribution as an ACORD Strategic Briefing. It details the questions Fitch commonly asks during CIO ratings interviews and offers commentary on the "big picture" insight sought. Among those questions are some designed to evaluate a company's data architecture strategy and use of standards-based interfaces.
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