Message Service

The RI3K Message Service is a Post Office for placing and accounting & settlement data.

The RI3K Message Service collects insurance data messages from the sender, and forwards them to their destination in the exact format that the addressee requires. It meets the requirements of the brokers and carriers, regardless of their internal systems using the ACORD standards as its framework.

It supports multiple message types including quotation, placement and endorsement. The service will be expanded in the future to handle the market’s other message types such as technical and financial accounting.

Core Message Formats/Processes:

  • ACORD XML
  • ACORD RLC 2003, 2005-2, 2006-1, 2009-1

Message Access/Delivery

  • Document Repository Interface DRI (1.2)
  • SOAP - ACORD AMS (1.4)

Why Integrate?

For companies that have data messaging capabilities and that trade electronically on RI3K’s Marketplace, linking to RI3K Message Service delivers a vital piece of the electronic benefit equation. The need for re-keying data becomes a thing of the past as the vision of straight-through-processing becomes tangible.

The reduction of re-keying allows brokers and underwriters to review accurate, real-time information and provides a best practice environment in which to trade.

As the industry moves increasingly towards electronic trading, RI3K integrated companies will only have to manage a single integration to receive placement and technical account data from their trading partners. Equally some companies may also like to support a range of integrations directly with willing counter-parties.

Data Sheet

This data sheet guides you through the various integration points, message types and pricing information. Complete a short check list of information we require in order to hook you up to the Message Service.

Download data sheet

Interested?

For further information, please contact:

Robin Merttens
Chief Operating Officer
robin.merttens@ri3k.com
+44 (0) 20 7400 3511