12 December 2022

International standards are an essential pillar for world trade to functions smoothly. They have the potential to reduce transaction costs and are relevant for all economic players which engage in cross-border trade, whether it is an SME or a multinational enterprise. A lack of cooperation on international standards can in contrast lead to discrepancies and disruptions to cross-border trade.

Digitalisation is on the rise across all sectors and is a major enabler for global trade. To maximise the benefits of this trend, it is key to develop digital solutions and standards for trade document data which are interoperable, transparent and seamless for all users, including marine insurers.

In this webinar Tom Shinya, Deputy General Manager, Marine Underwriting Department at Tokio Marine & Nichido Fire Insurance, discuss the importance of standardised trade document data from a cargo insurance perspective. This is complemented by a presentation from Hannah Nguyen, Director – Digital Ecosystems from the ICC Digital Standards Initiative at the International Chamber of Commerce (ICC), who provides an update on initiatives that are underway to facilitate the standardisation of trade data and the critical role of international standards in accelerating digital transformation.

The session is moderated by Patrizia Kern, Head Marine, Director at Swiss Re Corporate Solutions & Chair of IUMI’s Data & Digitalisation Forum.

 

Please click here to access the RECORDING, the SLIDES of Hannah Hguyen and the SLIDES of Tom Shinya.