Standards
ACORD Expands Global Initiative
The road toward global standardization of interoperable insurance messaging took a new turn recently as ACORD and the eEG7, the European standards entity for the insurance industry, combined their initiatives. Since ACORD is a globally supported organization and the eEG7 is the primary insurance standards organization in Europe, this union of forces promises to expedite the development of standard messaging for European private and commercial insurers and reinsurers and American insurance companies covering life, annuity, property/casualty, and reinsurance.
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