The London insurance markets have seen the future of business transactions, and its name is tablet computing.

This was the message of “From Quill to Tablet: 300 Years of History,” a breakout session at the 2011 ACORD LOMA Insurance Systems Forum yesterday. Speaker Anne Rannie, market operations, Lloyd’s of London, explained that while quill pens still have a ceremonial use at Lloyd’s, the market is “still relying too heavily on paper,” and is “desperately” trying to change that situation. One of the ways in which the market is trying to achieve that goal is through widespread use of tablet computing devices, supported by ACORD standards, she noted.

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