ACORD and the London Market Insurance Brokers' Committee (LMBC) have formed the ACORD Brokers Committee "to increase communication and interaction between ACORD and medium-to-small brokers in the London market."

Pearl-River, N.Y.-based ACORD said it has worked with independent agents in the U.S. through AUGIE (ACORD User-Group Information Exchange) which provides a voice for U.S. independent agents within the industry and the ACORD standards development process. ACORD and LMBC are now bringing that formula to the brokers in London to support implementation of technology standards.

The goals, as laid out by ACORD and LMBC, are:

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