ACORD In Touch - February 2024

Get a leap on this month's news with our latest newsletter! You'll get a snapshot of recent ACORD and industry news, and a preview of what's coming up in the industry.

New Partnerships Around the Globe

The ACORD Global Advisory Council (GAC) was established to ensure alignment between our global initiatives and the needs of the ACORD member community. Through collaboration with member organizations, the GAC will play a key role in advancing ACORD Standards adoption and driving ongoing digitalization in leading and emerging insurance market hubs around the world. Read more here .

ACORD Research Featured in?Best's Review

ACORD CEO Bill Pieroni previewed a forthcoming ACORD study on insurance mergers and acquisitions in his latest column for AM Best 's Review. In the article, Bill highlighted the role that deal size plays in the long-term success of M&A transactions in the industry. He also pointed to potential barriers to M&A value creation, noting the strategies that contribute to positive outcomes in the long run. Read the article here .

The Latest in London Market Modernization

ACORD recently released the ACORD GRLC CRP 3.2.2 Toolkit , the latest update to the ACORD Global Reinsurance & Large Commercial (GRLC) Data Standards. The GRLC Contract, Risk, and Pre-Accounting (CRP) Standard was first developed in 2023 to streamline the flow of contract information among industry stakeholders and support digitalization in the London Market.?With the new release, London Market stakeholders are now fully equipped to begin technical design for alignment with ongoing market modernization. Read more here .

Get Direct Access to ACORD Forms

The eForms Distribution Program gives you access to all ACORD Forms through the Forms Portal . As part of the program, you'll have access to forms in various electronic formats, a license to redistribute forms among your employees, and extended tools to build ACORD Forms into proprietary solutions. Learn more here .

Contribute to Standards Development

Members across the full spectrum of insurance industry expertise are welcome to join ACORD's Standards Project Groups (SPG) and Advisory Groups . Tailored to different member needs and lines of business, these collaborative groups work to help create, maintain, and refine ACORD Standards.?Check out the newest SPG, the GRLC Technical Design Authority group, during its first meeting on February 8!

ACORD in the News

It was a busy month in ACORD news! ACORD was featured in?Insurance Day , Insurance Innovation Reporter , The Insurer ,?among other publications. ACORD CEO Bill Pieroni also wrote an article for?Best's Review , highlighting key insights from ACORD research.

Connect with Leaders in Insurance Technology

The DXC Technology Connect Insurance Executive Forum provides engaging sessions and unique networking opportunities for leaders in the insurance technology community. Attendees have the opportunity to discuss solutions and strategies to increase operational efficiency, enhance customer experience, drive business growth, and more. At the Charleston forum in March, ACORD CEO Bill Pieroni will present on the future of technology and AI in the insurance industry. Register here .

You're Invited: Fireside Chat with WII Founder

On Tuesday, March 19, Women in Insurance Initiative Chair Margaret Resce Milkint will be joined by Edie Fraser , Chair of Board for Women Business Collaborative , for a conversation on how insurance women make history! They will discuss the current climate of DEIB in insurance, spotlight Edie’s new book, and much more. We’ll also hear updates from the Women in Insurance Initiative team about what they have been working on this quarter. Register to join here .

Future of Inclusion: Talent, Technology and Transformation

The Insurance Industry Charitable Foundation will host the Northeast Regional Forum this June in New York. The forum brings together hundreds of insurance professionals for an action-oriented program focused on leadership and an inclusive future for the industry. Register here .

"Incredible Opportunity for Impact": Industry Veterans Weigh in on Careers in Insurance

This #InsuranceCareersMonth, ACORD spotlighted several industry leaders in a video series about the exciting career opportunities available in insurance. These established professionals provided valuable insights on their career trajectories, the talent pipeline, and the future of insurance. Watch the series on ACORD's LinkedIn page here .

March 12-14, 2024 DXC Connect Insurance Executive Forum: Charleston Charleston, SC

April 2-4, 2024 IRI 2024 Annual Conference Nashville, TN

April 10-12, 2024 Big "I" Legislative Conference Washington D.C.

April 28-30, 2024 SIR 2024 Annual Conference Boston, MA

June 4, 2024 Future of Inclusion: Talent, Technology, and Transformation New York, NY

June 4-6, 2024 PIA of NJ and NY Annual Conference Atlantic City, NJ

September 15-17, 2024 IDMA 2024 Annual Conference Philadelphia, PA

? 2024 ACORD

Phone:?(845) 620-1700

Email:?[email protected]