ACORD
Established in 1970, ACORD
is a global, non-profit insurance association established to facilitate the development
and use of standards for the insurance industry. By maintaining and promoting various
electronic standards, ACORD provides members with a set of rules and
guidelines that result in a common framework for communication. ACORD's standards allow
companies to easily transact business electronically with data partners, thereby increasing the
efficiency of the entire industry.
Today, ACORD has the support and participation of more than 1,000 insurance carriers and groups, 25,000 agencies, the major providers of software and services to the industry, and nonprofit associations including agency system user groups, national producer associations, and the CPCU Society.
