The most significant public recognition of the merit of Marketcore's IP is the creation of the LexisNexis Insurance Exchange. The exchange, created in partnership with the Council of Insurance Agents and Brokers (CIAB), is "directed at improving the efficiency and transparency of the entire insurance distribution system."
Furthermore, according to LexisNexis, "The license of Marketcore's intellectual property and business plan is an important element in the development of the Insurance Exchange." Marketcore has also been invited to participate on the Board of Trustees of the new Exchange.
To find out more about the relationship between LexisNexis and Marketcore, click here.
To read the original press release from LexisNexis, The Council of Insurance Agents & Brokers and Marketcore, click here.
To read the CIAB Leader's Edge Magazine Executive Report on the LexisNexis Insurance Exchange, click here.
To read the National Underwriter Property & Casualty article about the state of the Exchange one year after its launch, click here.
There are also two useful PDFs on the LexisNexis Insurance Exchange website that you may find interesting. To download these PDFs now, click on their name below.
PDF: Insurance Exchange - Single-Entry Collaborative Insurance Placement Platform
PDF: Insurance Exchange - Helping Create an Efficient and Transparent Marketplace for Agents, Brokers, Wholesalers and Carriers
To read Press Releases and News Stories, click here.