Buyers seek more accurate and efficient information exchange with partners

With ACORD standards in place designed to save time and cut costs, all that's needed is for more risk managers to recognize the value of standards and request their use with business partners, experts in the field contend.

"We're taking the message out that the standards are available," said Patrick Vice, information technology manager at the Canadian firm of Frank Cowan Company Ltd. in Princeton, Ontario.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
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.