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The revised ACORD 821, Producer Information Form or PIF is used to initiate, manage, and/or terminate the relationship between the Life, Annuity, Health, Broker/Dealer and/or Property & Casualty producer and the Insurance Company.
Replacing an aging claim management system, on its own or as part of a larger core administration system modernization initiative, can certainly offer moderate success in terms of both process improvements and maintenance costs, but is it enough?
The Graham Company recently conducted a 2015 Business Risk Survey revealing that nearly three quarters of business leaders are most concerned about potential risks associated with cyber security threats to their organizations.
ACORD Automobile Identification Cards remain a valid, trusted, verifiable means of providing proof of insurance throughout the United States.
The New York Department of Financial Services (DFS) recently approved versions of ACORD certificates of insurance currently available, along with planned future versions containing an edition date of 2016/03.
There is a new enthusiasm for, and recognition of, the need for innovation today, and personal auto is leading the way.
ACORD XML (AML) is now being used to send risk bound reporting data on property risks from Australia to the Lloyd’s market on a weekly basis straight through to systems in London with no rekeying.
Is it really surprising that recent research by the Coalition Against Insurance Fraud finds less than two in five people have a “favorable impression” of the insurance industry?
A live audience will help the judging panel decide upon the first-ever Innovation Challenge winner during the ACORD2015 event this November.
A common view of the insurance industry holds that it moves too slowly, the status quo stays status quo, and new ideas - even great ones - don’t always result in action. It’s a sleeping giant that keeps hitting the snooze button.