What does TCF Cover?
Technical standards supported:
- ACORD Messaging Service (AMS) web-services standards, including support for secure https sessions, authentication, and digital signatures
- ACORD Cross Domain Document Repository Interface (DRI) standards
- ACORD RLC Placing XML message standard
- ACORD RLC Accounting XML message standards (Technical and Financial accounts)
- ACORD RLC Claims XML message standards
Business Message Standards Implemented:
- Life, Annuity, and Health XML
- P&C/Surety XML
- Reinsurance/Large Commercial XML
Reinsurance/Large Commercial Details:
- ACORD RLC Placing XML message standard
- ACORD RLC Accounting XML message standards (Technical and Financial accounts
- ACORD RLC Claims XML message standards
RLC Implementation Guides supported:
- ACORD DRI implementation guidelines
- ACORD Placing Implementation Guide
- ACORD Accounting and Claims implementation guide (incorporating the Electronic Back Office Trading (Ebot) Implementation Guide)
Sample of implementation initiatives supported:
- London ELPAN phase 1 (brokers sending electronic closing documents to XIS)
- London ELPAN2 (brokers sending ACORD accounting messages to XIS)
- London Electronic Claim File (brokers sharing claims supporting documents with carriers)
- Placing implementations - within London and elsewhere, including:
- London "phase 1" one-way messaging
- London "phase 2" two-way messaging
- European accounting and claims implementations (following eBOT guide)
- International exchange of electronic documents (live in the US, European, Bermudan and London markets)
- Claim notification and settlement implementations (live in European and US markets)
Where can I learn more about TCF?
You can learn more about ACORD TCF on ACORD Video:
Who has been certified?
It is important to note that all existing certifications of implementations done prior to the availability of TCF will remain valid. However, new certifications that have been processed by the TCF will have this specifically stated on the certificate itself. You may find that your trading partners require you to obtain certifications that have been processed via the TCF.