Allianz Commercial is pleased to report that over 1000 brokers have now registered to use the Account Reconciliation Centre (ARC), the electronic accounts settlement system.

Developed in partnership with Norwich Union, soon to be Aviva, and CGI Europe, ARC was launched in October 2007 and allows brokers and insurers to move from a paper-based accounts system to an electronic method, saving time and improving debt management.

Tim Bunce, Allianz Insurance, said; "We are delighted that in just 18 months over 1000 brokers have now signed up, helping them save time and money during the recession. It is our goal to deliver all statements via ARC within the next three years."

Click here for more information on ARC.

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