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Article: ACORD looks to make standards object-oriented.(Agency-Company Organization for Research and Development)
- Article from:
- National Underwriter Property & Casualty-Risk & Benefits Management
- Article date:
- June 5, 1995
- Author:
CopyrightCOPYRIGHT 1995 The National Underwriter Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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When insurance companies and agency software developers implement ACORD standards as part software products, they face several obstacles.
Although we provide a Toolkit, each implementor must write the same code to include ACORD forms in their products. It seems obvious to most of us that their resources would be better directed to new development or improved design approaches.
During the past few years, the rate of regulatory changes to the ACORD standards has dramatically increased, draining resources forcing developers to continually change (maintain) their code.
If you've ever wondered why your agency system vendor may not have all the latest ACORD ...