As insurance organizations modernize their systems, they need a shared way to send and receive L&A transaction data. ACORD’s latest L&A Standards Fact Sheet explains how those transactions are structured.
The resource helps current and potential ACORD Standards implementers understand:
- what information goes into an L&A transaction
- how each message identifies its purpose
- how related pieces of data are connected
- how ACORD L&A Standards provide a common language and structure so insurers and their partners can exchange data more consistently
These insights will help organizations reduce custom data feeds, reuse common components, and support more efficient digital communication across the L&A ecosystem.
Download the Transaction Structure (TXLife) Overview Fact Sheet to learn how standardized L&A messaging can support your organization