ACORD In Touch - November 2024
Happy November!??? We're thankful for a great year of insurance advancements, standards updates, and industry events.
Renew Your ACORD Membership for the New Year
Thank you for being part of the ACORD member community in 2024! As we move toward the new year, remember to renew your ACORD membership programs, subscriptions, and Forms user licenses for 2025. We look forward to another year of serving our industry and driving efficiencies for stakeholders around the world.
Contact [email protected] if you have questions about ACORD membership programs. Explore membership programs here.
Have You Updated to the Current?GRLC XML 2016.10 Schema?
The ACORD Global Reinsurance & Large Commercial (GRLC) XML 2016.10 schema was updated in July 2024. All users of the GRLC 2016.10 Standards should download and implement the July 2024 release to stay in full compliance with the Standards.
Further use of an outdated schema may result in unnecessary schema and validator failures. ACORD members can access the July 2024 release on?acord.org.?
Member Exclusive: Access ACORD Connect Session Archives
At ACORD Connect 2024, we discussed the future of insurance careers, global collaboration, and the new ACORD Standardized Life Insurance Application. Although this year's virtual event is over, registrants can revisit the session archives at any time! As a special member perk, ACORD members can also access the video recordings and slide decks from select ACORD Connect presentations. Watch the sessions here.
Just Released: New Standardized Life Application Fact Sheet?
Want to know more about the new ACORD Standardized Life Application? The latest ACORD L&A Fact Sheet offers a high-level overview to support implementation of the forms. All ACORD L&A Standards and Forms Fact Sheets are available to download on acord.org.?
Get Involved: ACORD 951/951e Forms Updates
The ACORD 951/951e Form Standards Project Group (SPG) has some big updates! In a recent meeting, the SPG agreed to discontinue ACORD 951, prioritizing the widely used 951e as the main form.
To learn more about the remaining Standards Enhancement requests, register to attend the 951 & 951e Forms Ballot Review on Monday, December 2.?
ACORD?in?the News
ACORD made headlines in various indutry outlets this month, including?Reinsurance News,?Think Advisor, and?Insurtech Insights, among other publications.?Read more.
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Don't Miss It: ACORD Solutions Group Horizons
In less than a week, the London Market community will come together for the launch of ADEPT Placing, ACORD Solutions Group 's latest capability for?placing data exchange. At the event, attendees will learn more about ADEPT Placing through a hands-on demo, plus a Q&A with key industry leaders on the carrier and broker side. Register to attend virtually or in person on November 26.
Ruschlikon Expands Industry Partnerships
This month, global reinsurer Acrisure Re went live with the Ruschlikon Initiative, which aims to streamline processes in e-placing, technical accounting, claims, and settlement by leveraging ACORD Global Reinsurance & Large Commercial (GRLC) Standards. This partnership marks a significant milestone in advancing operational effiency across the (re)insurance industry. Read more here.
Read Here: Dave Matcham Urges Global Standardization
In a recent interview with InsuranceAsia News , CEO of?the IUA and chair of the ACORD Global Advisory Council Dave Matcham FCII discussed the importance of global standardized data exchange. Regarding Singapore as an insurance market hub, Matcham urged widespread use of data standards for greater operational efficiency and client satisfaction. Read more here.
Welcome to the Community Corner!
We're sharing links to?industry resources, recent news, and opportunities for community?involvement:
Explore Open Positions on the Career Center
It's almost the new year! See what 2025 can bring by exploring new career opportunities on the ACORD Insurance Technology Career Center. Apply to open positions in insurance and technology, and upload your resume for consideration from leading employers. Create your free account today to discover what a career in insurance can offer.
November 26, 2024 Horizons: A Placing Revolution Hybrid Event
December 2, 2024 ACORD 951 & 951e Forms Ballot Review Webinar
February 21-22, 2025 Gamma Iota Sigma Regional Conference Series Fort Worth, TX and Richmond, VA
? 2024 ACORD
Phone:?(845) 620-1700
Email:?[email protected]