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Global Reinsurance & Large Commercial

ACORD's GRLC Standards support reinsurance and subscription markets worldwide where reinsurance and complex insurance business is underwritten. The standards provide seamless transfer of information between cedents, clients, insurance and reinsurance brokers, and insurers and reinsurers. Use the left navigation or scroll down the page to browse your community for specific documents, working groups and updates.

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  • Binding Authority Risks Bound Bordereau

    This working group is defining electronic message formats and flows to support the reporting of policies by Coverholders to Carrier/s with whom they have an agreement (often known as a “binding authority”) that authorises them to bind such policies on the Carrier/s behalf.

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  • Cross Program Data in Motion Working Group

    Several changes occurred in the transition from XML version 1.30 to 2.0. These changes were made with the goal of simplifying the XML standard while retaining backward compatibility in messages known to be in use. The ACORD Data in Motion Architecture (Formerly XML V2) working group, formed in early 2014, adopted the following principles:

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  • Global Reinsurance & Large Commercial Program Working Group

    The GRLC Program Working Group (PWG) performs a pivotal role in the governance of the GRLC program. All proposed changes to the GRLC standards come through this group for review and analysis before being published within the GRLC standards documentation.

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  • GRLC Placing Working Group

    GRLC Placing messages are already in existence – and guides that define the interoperation of messages to support all stages of the quote, bind, endorsement and other parts of the placing process. Within the London market there is a new placing initiative (PPL) that is engaging with market practitioners to implement the GRLC placing messages and flows. This is commencing in 2016 starting with Terrorism lines of business and then continuing on to other lines. In parallel with this they are also considering message content and flow requirements at the post-placing stage (i.e. after carrier shares have been bound).

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 Community Contacts

 
  • Brown ,  Phil
    Brown, Phil Program Director, GRLC
    Ask Me About: GRLC standards
    About Me: Phil Brown started his career in Lloyd’s, working ...
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  • Brown, Phil posted in the group Global Reinsurance & Large Commercial Program Working Group

    About one month ago
    Ask Me About: GRLC standards
    About Me: Phil Brown started his career in Lloyd’s, working ...
    Expert in:
    ACE.
  • Brown, Phil posted in the group Global Reinsurance & Large Commercial Program Working Group

    About one month ago
    Ask Me About: GRLC standards
    About Me: Phil Brown started his career in Lloyd’s, working ...
    Expert in:
    ACE.
  • Brown, Phil posted in the group Global Reinsurance & Large Commercial Program Working Group

    About 2 months ago
    Ask Me About: GRLC standards
    About Me: Phil Brown started his career in Lloyd’s, working ...
    Expert in:
    ACE.
  • Brown, Phil posted in the group GRLC Placing Working Group

    About 2 months ago
    Ask Me About: GRLC standards
    About Me: Phil Brown started his career in Lloyd’s, working ...
    Expert in:
    ACE.
  • Finch, Matt posted in the group Global Reinsurance & Large Commercial Program Working Group

    About 2 months ago
    Ask Me About: TCF, XML, XSLT, Schema, AMS, Software Development
    About Me: Classic car restorer and Tree Surgeon with a litt...
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    C#, sql, XML, XSLT
 

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