Xchanging and RI3K announce checking deal

Xchanging and RI3K have announced an initiative to allow early checking of contracts on-line. The early checking service, XPressCheck, will allow subscriber reinsurers to have their reinsurance policy wordings checked on-line by Xchanging prior to being signed."XPressCheck will be a crucial element in meeting the FSA challenges for contract certainty," says RI3K chief executive, Alex Letts. "RI3K already captures and delivers evidence of the reinsurance transaction in a standard format. This