ACORD In Touch - September 2024

ACORD In Touch - September 2024

Happy fall!??? We're sharing this month's ACORD updates, industry news, and upcoming events.


Just Released: ACORD Connect 2024 Agenda Features Top Industry Speakers

The?ACORD Connect 2024 agenda ?is here, featuring a wide range of insurance industry experts and one-of-a-kind thought leadership. At this year's virtual event, we'll be discussing market-wide?innovation initiatives, providing updates?for the ACORD Universal Life Application, exploring insurance career trends, and much more.?Take a look here .

Watch Here: Rendez-Vous de Septembre 2024 Reflections

At this year's Rendez-Vous de Septembre, Bill Pieroni spoke about the major trends and challenges currently facing the insurance industry. During his interview with Insurance Insider , he reflected on the?growing?role of AI ?in the insurance industry and its long-term impact. Pieroni also spoke with AM Best TV about current conditions of the hard market cycle .?

Enabling Efficiencies and Compliance Through Data Standardization?

In the recent feature from The ANZIIF Journal, "Driving Data Standardization Across the Insurance Industry ," ACORD CEO Bill Pieroni discusses ongoing initiatives to support standardization in APAC markets and beyond, including the ACORD Global Advisory Council (GAC).?The article identifies opportunities for stakeholders to collaborate and co-operate by using a common language.?Read more here .


Don't Miss These Upcoming Ballot Reviews

ACORD will hold several ballot review webinars to highlight upcoming enhancements to?ACORD?Standards. Mark your calendars for the following dates:


ACORD Hosts Industry Sessions at Three-Day Ruschlikon Event

Earlier this month, Ruschlikon held a three-day event in London, convening on standardization initiatives, Standards Project Group (SPG) updates, and implementation objectives. Clarissa Montecillo , Head of GRLC Standards at ACORD, also discussed how ACORD Standards work in harmony for bureau and non-bureau business across the global insurance ecosystem.?

It was a pleasure to facilitate the discussion of?global industry standards and accounting and claims automation.?Thank you to our global industry partners for attending!

ACORD?in?the News

ACORD?made headlines?in?various?industry outlets this month, including Yahoo Finance , Insurance Today , and Cyber Techbiz , among other publications.


Save Your Spot: Women in Insurance Q3 Meeting

On Tuesday, October 29, the Women in Insurance Initiative (WII) is hosting their quarterly meeting , and all are welcome to join! At the Q3 meeting, WII leaders will?share details on their new networking platform, PodCommunity, which allows users to connect with mentors and professionals across the globe. Attendees will?also hear from the WII Catalyst Committee about their plans for the fall and beyond. Register here to attend.

Get Involved: IICF Share the Warmth Coat Drive

Fall is officially here, which means it's time to share the warmth!?This year, the Insurance Industry Charitable Foundation and One Warm Coat are partnering to host a nationwide coat drive , benefitting the?37 million Americans living in poverty and struggling to afford basic necessities. Use the Coat Drive Map to find a nearby drop off location to donate your new or gently used coats.


Read Here:?The Importance of Global Data Standards for the DIFC Market

Dave Matcham FCII , chair of the ACORD Global Advisory Council , recently published an article in the DIFC Insurance Association News Briefing, reflecting on the transformational opportunity of global data standards. The article discusses widespread collaboration from the London market to the DIFC trading zone and beyond, emphasizing the Global Advisory Council's digitalization intiative.?Read the full article here .

Congratulations, Abel Travis!

We're excited to share that ACORD board member Abel Travis was named a winner of the INSURE! INFLUENCE! IMPACT! Awards ?from CoVerse Communications . Abel was recognized for his outstanding work in the "Community Impact and Thought Leadership in Insurance" category.?

Pascal Lehmann Joins Reinsurance Community in Hanover

At the Ruschlikon Reinsurance Dialogue Session ?this summer, ACORD board member Pascal Lehmann joined representatives across the Ruschlikon community to discuss shared goals around reinsurance administration. Pascal shared the following reflection:?

"Collaborating with fellow reinsurers in the Ruschlikon initiative is always enriching. Our shared commitment to building strong connections and exchanging insights on operational challenges and market/tech developments like Blueprint Two and GenAI strengthens us collectively. Together, we're creating solutions and paving the way for future-ready operating models."

Harnessing Innovation and Revolutionizing Underwriting

ACORD board member Jennifer Hoolehan Kyung recently published an article in Insurance CIO Outlook outlining current trends and modernization initiatives in P&C insurance. In the article, she reflects on the challenges facing the P&C sector, urging creative solutions that enhance risk sharing, mitigation, and reduction for the future.?Read the full article here .

Jennifer will also be a featured speaker at the upcoming Joint Industry Forum , hosted by the Insurance Information Institute .


Welcome to the Community Corner!

We're sharing links to?industry resources, recent news, and opportunities for community involvement:

Submit an?ACORD?Member Spotlight Feature

We love to highlight the exciting work our?ACORD?members are doing. If you'd like to spotlight an?initiative or event, submit a feature to [email protected] with the subject line "ACORD Member Spotlight Feature."


Register for Your Free Career Center Account

Want to discover your next opportunity in the insurance and technology space? Set up your free account on the ACORD Insurance Technology Career Center , the employment platform connecting emerging and high-level talent with top industry employers. Post your resume, browse open roles, and apply online using your Career Center account.


October 2, 2024 Next-Generation Digital Standards v1.10.0 Ballot Review Webinar

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

October 29, 2024 Women in Insurance Initiative Q3 2024 Meeting Virtual Event

November 7, 2024 ACORD Connect 2024 Virtual Event

November 14, 2024 Property & Casualty XML & AL3 2024 Ballot Review Webinar


? 2024 ACORD

Phone:?(845) 620-1700

Email:?[email protected]

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