ACORD STANDARDS are created and maintained by insurance people, for insurance people.  It's our members who decide what new standards are needed, or where changes are required.  Our voting process makes sure that the standards evolve to meet the needs of the community. ACORD Standards serve as the foundation for data communication across the global insurance industry. From producers and insurers to reinsurers and other parties, ACORD standards enable companies to transact business more efficiently, effectively, and expediently.