In a move that should save ACORD years of standards processdevelopment time, as well as help IBM market insurance-specificmiddleware solutions, the two organizations have announced that IBMis contributing business-process models and other content toACORD.

The donated computer code for more than 100 business-processmodels, model definitions and other content is part of IBM'sInsurance Application Architecture (IAA)==the company'sinsurance-specific business and IT architecture framework.

"The donation will accelerate the development and adoption ofbusiness process standards that in turn will help address some ofthe global insurance industry's greatest challenges," according toan announcement from ACORD and IBM.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.