Transcription
Jan 2019APIs and StandardsSteven Tuften, ACORDYou may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any content in this document, nor may you distribute any part of thiscontent over any network, including a local area network, sell or offer it for sale, or use such content to construct any kind of database.
45 Years ofIndustry Service8000 ParticipatingOrganizationsSERVING THE GLOBAL INSURANCE INDUSTRYFACILITATING GLOBAL DATA EXCHANGERe54 of 5Top BrokersL&A1200 StandardizedTransaction Types6,000ACORD regulatorysubmissions to date7,000Core systems leveragingACORD Standards151/3Global GWP byACORDCarriers809 of 10Top Solution ProvidersP&C21 of 25 Top P&C Carriers400,00019 of 25Top L&A Carriers20 of 25 Top Reinsurers100 Countries9,000,000ACORD forms downloadedover last five yearsAnnual ACORDmessage transactions
ACORDDigital StandardsMember Requirements Internal integration viaMicro-Servicesarchitecture Mobile/Web Appintegration Partner Integration viaAPI interfaces (Private) Open APIs (Public)
ACORD Asia-Pacific Digital Standards Roadmap1Capabilities* byPhase2Existing XML Datamodel enhanced tosupport Resources& Hyperlinks.3Resource Model derived fromXML Model.XML auto conversion to JSON.Current StateResource Model enhanced to generateXML/JSON.API’s enhanced to support bespokeservices.Interim StateACORDMessaging Resource LibraryACORDXML DataModel/sACORDXML gingSpecification/sACORDMessaging Resource LibraryACORDXML DataModel/sACORD APISpecification/sXML*Publish ClaimsLodgement API,JSON Converter Q4 2018Target StateACORDMessagingSpecification/sACORDJSON DataModelACORD APISpecification/sBespoke APISpecification/sJSONResource definitions& APIImplementationGuide Q1 2019**Claim InquiryDecision API Q22019* APAC GI, Australia-NZ Life, Southern Africa Short Term ** Requested by Australia-NZ Life ProgramJSON Schema &OpenAPI format Q3 2019
FACILITATING GLOBAL DATA EXCHANGE 6,000 ACORD regulatory submissions to date 7,000 Core systems leveraging ACORD Standards 400,000 ACORD forms downloaded over last five years 9,000,000 Annual ACORD 100 Countries message transactions 1/3 Global GWP by
