ACORD XML Life

ACORD XMLife family for life / annuity insurance.

Definition

XMLife 2.40 supports OLI transactions (Origination, New Business, Underwriting), Inforce (Policy Service, Billing, Claims), Annuity (Distribution Election), Health (Claims). XSD schemas downloadable from ACORD members area. SOAP/REST transport. Reference standard for US life distribution (Brighthouse, Pacific Life, Nationwide, etc).

Origin

ACORD (Association for Cooperative Operations Research and Development), XMLife first version 2000, 2.40 published 2023.

Usage

Exchanges between distributors (carrier-to-carrier, carrier-to-BGA, carrier-to-IMO) US and CA. Widely adopted for fixed and variable annuities.

Related terms

• ACORD — organisation parent.
• ACORD XML P&C — famille jumelle.
• ACORD XML Annuity — sous-famille annuité.