Mayfare Joins ACORD

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NU Online News Service, Sept. 12, 11:15 a.m.EST?Mayfare Software Solutions Corp. today announced itsmembership in ACORD, an insurance industry standards-settingorganization.

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Mayfare said that ACORD membership demonstrates its commitmentto support industry standards through the use of XML.

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"We are pleased to announce Mayfare's membership in ACORD asfurther evidence of our ongoing commitment to the use of insuranceindustry data standards to better facilitate integration and dataexchange among all of the insurance process stakeholders," saidAllen Barnett, CEO of Mayfare, based in Hoboken, N.J.

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"Standards are clearly a key component in the industry'sobjectives to achieve aggressive process and productivityimprovements through the implementation of advanced technologies,"he added.

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Mr. Barnett added that ACORD standards provide "a provenfoundation for real-time and dependable exchange of data betweeninsurers, producers, rating bureaus, service providers andmore."

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Ron Dudley, vice president of standards for the Pearl River,N.Y.-based ACORD, said: "We thank Mayfare for their commitment tostandards and their membership in ACORD. We look forward to workingwith the Mayfare staff as they implement the ACORD standards intheir new generation of products."

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Mayfare said it has been a provider of software solutions forthe property-casualty industry since 1972. Mayfare offers aclient-server product with modules for policy, claims, accountingand reporting, accompanied with full implementation and ongoingsupport services.

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