ACORD In Touch - November 2023

'Tis the Season: Renew Your ACORD Membership for 2024

Thank you for your participation and collaboration with ACORD throughout 2023! As we move toward the end of the year, don't forget to renew your ACORD membership programs, subscriptions, and Forms user licenses for 2024. We look forward to another year of serving our industry and driving efficiencies for stakeholders around the world. Renew your membership here.

Uncovering Strategies for Success in M&A Transactions

In his latest column for AM Best 's Review, Bill Pieroni wrote about ACORD's research on mergers and acquisitions in the industry, highlighting the strategies and motivations behind the largest M&A transactions over the last decade.?Read here.

View ACORD Connect Sessions on Demand

ACORD Connect 2023 is over, but you can revisit the sessions any time you want!?Video recordings and slide decks from select ACORD Connect presentations are available for rewatch to all ACORD members and event registrants at acord.org. Watch here.

ACORD Announces Continued Licensing Benefit for Big "I" Members

Every new year, end users of vendor-supplied ACORD Forms must renew their licenses with ACORD. As part of an ongoing partnership with ACORD, the Big "I" (Independent Insurance Agents and Brokers of America) offers eligible members a complimentary license to use ACORD Forms. Please remember to renew your license for 2024! If you have any questions, contact ACORD member services at [email protected]. To claim your license, click here.

Spotlighting Industry Leaders with AllInTent

You're invited to the next installment of ALLInTent connecting insurance DEI initiatives's ongoing DEIB in Action webinar series! Margaret Resce Milkint interviews Chris Reilly,?National Co-Chair of Link USA: LGBTQ+ Insurance Network, to discuss the talent pipeline, various LGBTQ+ initiatives, and ways to get involved with DEIB in insurance. Register now to join the virtual event on Wednesday, December 13.

New Enhancements to the Capability Model and Business Glossary?

ACORD released enhancements to the Capability Model and Business Glossary facets of the Reference Architecture. The updates to the Capability Model, a blueprint of all business capabilities used by an insurance company, include an extension of the business management, enterprise services, and sales capabilities. The Business Glossary has also been updated to reflect the changes to the Capability Model, with the total number of terms defined in the glossary now at 6,228. Read more here.

A Deep Dive into ACORD Next-Generation Digital Standards

ACORD developed the Next-Generation Digital Standards (NGDS) to address the changing landscape of digital data exchange. We recently released an updated white paper on the NGDS to highlight the industry trends and member needs behind the development and ongoing updates to the Standard. Download the white paper here.

ICYMI: ACORD Industry First Features Insights on Future of Insurance

In his "Insurance 2040" presentation, ACORD CEO Bill Pieroni shared the findings from an ACORD study on the future of insurance. Bill detailed the factors driving the adoption of new technologies in the industry, stakeholder priorities for the coming years, and the key role of AI in the changing insurance landscape. In case you missed it, the event is available for ACORD members to watch at acord.org! Watch the virtual presentation here.

ACORD in the News

This month, ACORD was featured in?Insurance Innovation Reporter?and?PropertyCasualty360,?as well as in interviews with?The Reinsurance Podcast?and?Insurance Journal.

Discover New Opportunities in Insurance Technology

With the ACORD Insurance Technology Career Center, you can explore new and exciting career opportunities across the industry. Discover open positions in?the insurance and technology fields, and upload your resume for consideration from leading employers in the industry. Create your free account today?and see what a career in insurance can offer!

Award-Winning Professional Certification for Middle Market Risk Management

The Middle Market Risk Manager program, recently an honoree of the "Best in Class" award from Inside P&C ( Insurance Insider US ), develops insurance professionals' expertise in managing the risks associated with middle market enterprises. A joint initiative of Center for Executive Education of Tobin College of Business, St. John's University and Zurich North America , the program consists of nine training modules and offers 26 continuing education credits. It can be delivered either in a classroom setting or a virtual format.?Learn more here.

November 30-December 4, 2023: NAIC Fall 2023 National Meeting Orlando, FL

December 13, 2023: AllInTent Spotlight: DEIB in Action Virtual Event

January 16, 2024: The Evolution of Global Digital Data Exchange Webinar

February 17-18, 2024: Gamma Iota Sigma: 2024 Regional Conference Series? Cincinnati, OH

February 17-18, 2024: Gamma Iota Sigma: 2024 Regional Conference Series? Atlanta, GA

? 2023 ACORD

Phone:?(845) 620-1700

Email:?[email protected]