ACORD stands for Association for Cooperative Operations Research and Development. It is an international organisation that provides standardised certificates and forms. The organisation has a goal of increasing data exchange and more efficient workflows via standardised forms across the insurance industry. ACORD forms are used, mainly in Northern America by about 90% of insurance industry professionals.
Using ACORD’s standardised forms allow for increased efficiency, accuracy, and speed.
With over 800 forms ranging from documenting car accident information to providing proof of terrorism insurance, ACORD has every possible circumstance covered.
25 – Certificate of Liability Insurance
27 – Evidence of Property Insurance
80 – Homeowner Application
90 – Personal Auto Application
125 – Commercial Insurance Application
126 – Commercial General Liability Section
127 – Business Auto Section
130 – Workers Compensation Application
131 – Umbrella / Excess Section
137 – Commercial Auto
140 – Property Section
With Insly’s insurance platform, you can forget printing forms and fill them manually. Instead, you can store and manage your forms in our all-in-one platform and make your life easier.
Our previous post talked about integrations in underwriting and insurance product building. This time, we’ll take a…
