ACORD XML PC

ACORD XML family for P&C insurance.

Definition

P&C XML covers Commercial Lines (workers comp, commercial auto, general liability, property), Personal Lines (auto, home, umbrella), Specialty (cyber, professional liability). Transactions QuoteInq, QuoteRs, BindRq, ClaimsAdvise. Potential successor: ACORD GRLC (General Reference Logical Common) for 2024+ Common Data Model.

Origin

ACORD, first version 2000, 2.16 published 2023. Adopted by AIG, Travelers, Chubb, Zurich, Allianz, Liberty Mutual.

Usage

Agency ↔ carrier exchanges via AMS (Applied, Vertafore Sagitta, Vertafore AMS360), ratings (ISO ERC, NCCI), claims (Xactimate, Verisk).

Related terms

• ACORD — organisation parent.
• ACORD XMLife — famille jumelle vie.
• AL3 — format legacy équivalent.