Tag: CDR

75% of insurance organisations set to replace core insurance management platforms...

75% of insurance organisations will replace core insurance management platforms by 2025, according to a new global report from Novidea. 

Unraveling insurance data standardisation: CDR vs. MRC

The insurance industry relies heavily on efficient data communication, and two key terms, the Core Data Record (CDR) and the Market Reform Contract (MRC), play significant roles in standardising this communication. While distinct, both concepts contribute to insurance processing and documentation, streamlining operations in the sector.

Novidea to help brokers deal with Lloyds’ CDR digital revolution 

Novidea has launched a platform designed to help brokerages deal with the digital revolution started by Lloyds’ implementation of the Core Data Record (CDR). 

Biza.io closes $7.5m Series A for its Consumer Data Right solution

Australia-based Biza.io, which offers Consumer Data Right (CDR) solutions, has reportedly raised $7.5m in its Series A funding round.

Australia to postpone implementation of Consumer Data Right regulation

The Australian Competition & Consumer Commission (ACCC) has delayed the implementation of the Consumer Data Right (CDR) by five months.

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