ACORD In Touch - July 2024
It's that time again!?? See the latest industry events, research, and Standards updates.
Report Reveals Value of ACORD Standards Implementation
ACORD's latest white paper, The Value of Standards, is now available. The report reveals quantitative results linking users of ACORD Standards to higher financial performance. This white paper also examines the integral role of ACORD Standards for proper leverage of AI. The new research is available for free to all ACORD members and non-members.
ACORD Global Insurance Stock Index Update
The ACORD Global Insurance Stock Index tracks the performance of the world's largest publicly traded insurers. The?Q2 2024 Stock Index?delivered returns well above the broader market for the second quarter in a row, increasing 28.9% versus the worldwide average of 17.3%.
Want to Get Involved with Standards Development?
ACORD Standards Project Groups (SPGs), Advisory Groups, and Working Groups are great opportunities for members to contribute to standards development. This month, we launched two new groups, each built to facilitate the refinement and maintenance of ACORD Standards:
Check out the full list of active Standards Project Groups to join!
Reference Architecture Update Provides Claims Processing Enhancements
We recently released updates to the Capability Model, Process Model, and Business Glossary facets of the ACORD Reference Architecture. The latest release features enhancements to the ACORD Reference Architecture's claims management capabilities, now including processes to facilitate Claims Notification, Handling, Recovery, and more.?The Business Glossary, a dictionary of insurance concepts, was also updated to include a total of 6,232 terms. Learn more about the update here.
Access the New ACORD GRLC Online Data Dictionary?
The ACORD GRLC Online Data Dictionary is live via?ACORD Standards Online, our one-stop virtual portal for interactive ACORD Standards resources. By accessing the GRLC Data Dictionary online, users can fully leverage the latest features:
Learn More About Certificates of Insurance?
Want to know more about ACORD's most popular type of form? The ACORD Certificate of Insurance (COI) Forms are widely used to issue Certificates of Insurance throughout the industry. Check out our Frequently Asked Questions for helpful info on licensing, compliance, and access to COI forms.
ACORD in the News
ACORD?made headlines?in?various?industry outlets this month, including Reinsurance News, Insurance Business Australia, and Future Processing,?among other publications.
领英推荐
Mark Your Calendars: ACORD Standards Deep Dive
On Thursday, August 22, we're hosting a deep dive webinar on Personal & Commercial Uninsured/Underinsured Motorist (UM/UIM) Coverage, covering key terms and state variations for Standards implementation. Discover improved efficiency and accuracy for UM/UIM coverage at this informative webinar.
Reserve Your Spot at ACORD Connect 2024
We're just a few months away from our annual membership appreciation event, ACORD Connect 2024! This year's event, hosted with M Financial Group, will bring together participants from across the ACORD community for informative and insightful sessions. Don't forget to register for November 7.
Welcome to the Community Corner!
We're sharing links to industry resources, recent news, and opportunities for community involvement:
Want to Feature Your Organization in ACORD In Touch?
We love to highlight the exciting work being done throughout the ACORD member community. If you'd like to spotlight an initiative or event in an upcoming edition of ACORD In Touch, submit a Member Spotlight feature to [email protected] with the subject line ACORD Member Spotlight Feature.
Discover Job Opportunities in Insurance Technology
The?ACORD Insurance Technology Career Center?connects leading industry employers with prospective talent in the insurance and technology space. If you're looking for your next job opportunity, you can register to join the Career Center and browse the latest openings. Join for free, post your resume, and apply to open positions across the global insurance industry.?
August 22, 2024 Uninsured/Underinsured Motorist Coverage Deep Dive Webinar
September 7-11, 2024 Rendez-Vous de Septembre Monte Carlo, Monaco
September 15-17, 2024 IDMA 2024 Annual Conference Philadelphia, PA
October 3, 2024 Life & Annuity XML & DTCC EDI Fall 2024 Ballot Review Webinar
October 8-9, 2024 DXC Connect: London London, UK
October 15-17, 2024 InsureTech Connect Vegas 2024 Las Vegas, NV
October 20-24, 2024 Baden-Baden Reinsurance Meeting Baden-Baden, Germany
? 2024 ACORD
Phone:?(845) 620-1700
Email:?[email protected]