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GXS and Orbit UK Partner Launch New B2B Managed Services Solution for Insurers
New Managed Service Improves Efficiency of UK Insurers and Eases Integration with Corporate Clients
Manchester and London - November 1, 2007 — Orbit UK and GXS, a leading provider of business-to-business (B2B) e-commerce solutions, today announced a new managed services solution for the UK insurance industry. Managed Gateway for Insurance will provide a simplified method for UK-based insurers to adopt and conduct B2B e-commerce transactions. Orbit UK is working with GXS to offer this new service, which has been specifically designed for the UK insurance community, the third largest in the world, and their providers, enabling improved and faster B2B integration between insurers, intermediaries and consumers. Orbit UK has extensive experience in the UK insurance market, working with more than 50 companies, including major insurance providers, brokers and financial institutions. “With web-based portals, direct internet connections, traditional EDI VANs and the proliferation of dozens of standards and protocols globally, UK insurers are mired in B2B complexity,” said Steve McCall, Director of Orbit UK. “By combining GXS’ broad range of B2B capabilities with Orbit UK’s extensive knowledge of the insurance sector, we believe we can greatly simplify B2B e-commerce for both insurers and their business partners.” The UK insurance industry is undergoing rapid change as consumers are increasingly dealing directly with insurers over the web or through retail channels. Insurers are responding to these challenges with innovative new products and more flexible pricing schemes, but too often the availability of these services are delayed due to technology challenges. For a product to be available for sale in the market it must first be integrated into the software applications used by the broker community. An extensive testing and certification process is required to complete the integration as each software provider uses different message formats and network protocols for B2B. The Managed Gateway for Insurance will provide comprehensive B2B services enabling customers to conduct B2B e-commerce while shielding them from complexities. Unlike traditional B2B services for the insurance market, which are limited to basic EDI message delivery, Orbit UK’s Managed Gateway will offer a fully managed approach that includes application integration, document mapping and certification testing. The benefits to insurers include:
“Together, GXS and Orbit UK have extensive experience and expertise in implementing scalable and flexible B2B programs for financial services and insurance companies. With the increasingly competitive landscape in the UK insurance market, insurers need to differentiate themselves by making it fast and easy to resell their products,” said Steve Keifer, vice president of industry and product marketing. “Orbit UK’s new Managed Gateway will offer insurers and brokers an unparalleled level of flexibility and choice for their B2B integration needs.” The new Managed Gateway for Insurance service is powered by GXS’ B2B outsourcing solution, GXS Managed Services. GXS Managed Services empowers customers with the technical infrastructure to conduct global B2B programs. Features include hosted integration services, data translation, transaction visibility, systems administration and robust reporting capabilities. GXS Managed Services also includes unmatched B2B expertise for the delivery of world-class B2B program management, trading community management and customer support. The solution gives companies the ability to transact using any B2B standard or protocol, enabling cost effective management flow of critical information across trading communities. About Orbit UK About GXS GXS is a leading global provider of B2B e-commerce solutions that simplify and enhance business process integration, synchronisation and collaboration among trading partners. Organisations worldwide, including 75 percent of the Fortune 500, leverage the GXS Trading Grid® to extend supply networks, optimise product launches, automate warehouse receiving, manage electronic payments and gain supply chain visibility. With an unmatched global presence, proven trading partner management and B2B outsourcing services, GXS’ on-demand solutions maximise the benefits of integration for businesses. Based in Gaithersburg, Md., GXS’ extensive global network serves customers throughout the Americas, Europe, the Middle East and Africa and Asia Pacific regions. GXS can be found on the Web at www.gxs.co.uk. ##### For further information please contact: Denise Oakley, Director, Marketing Programmes International GXS |
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