We can work directly with your company and your partners, or in conjunction with your solution provider on all ACORD Standards or Framework implementations. We are happy to customize our services to your needs. Implementation Services can help you:
- Understand the benefits of proper Standards or Framework implementation
- Prepare existing implementations for ACORD certification
- Identify tools and resources that maximize your investment in ACORD standards
- Overcome internal barriers to ACORD implementations
- Conduct surveys, benchmarking and market analyses
ACORD Implementation Services is now available across all Standards programs.
Implementation Services Case Studies
Tax and Regulatory Reporting
ACORD Implementation Services was commissioned by Lloyd’s to assist in the development of a message to help companies collate transactional data for use in creating tax and regulatory reports. Automating the data collection makes the process easier, faster, and more reliable.
ACORD created a report for Lloyd’s management and recommendations for further work under ACORD’s standard operating procedures to develop an industry standard.
ACORD Implementation Services then project managed and facilitated an ACORD Working Group to develop an XML message that Lloyd’s is now piloting with a partner.
The Ruschlikon Initiative is driven by a group of leading global reinsurance players and ACORD to further automate reinsurance back office processes including technical accounting, claims and settlement using the ACORD Global Reinsurance and Large Commercial Standards.
ACORD Implementation Services is program managing the implementation of the Ruschlikon Initiative, facilitating discussions, driving deliverables and advocating implementation to potential new joiners.
USA Reinsurance COMMITTEE
ACORD Implementation Services worked with key US-located brokers, cedents and reinsurers to create an e-business implementation advisory group. The group will develop a strategy to implement ACORD GRLC XML for greater back office efficiency and inter-operability with international business partners.
ACORD Implementation Services is project managing this group.