Prima Solutions, an insurance software solution provider, and ACORD, the nonprofit insurance standards organization, announced that Prima is contributing its insurance information model to ACORD.

ACORD accepts intellectual property contributions from member companies on behalf of the industry and integrates them through the standards development process to enhance and expand ACORD standards. Prima's contribution will provide a jump start to ACORD's information model effort.

Prima's information model is the result of years of research and development from their insurance and object technology specialists. The information model is part of Prima Solutions' Insurance Business Component Suite (Prima IBCS) and represents an enterprise-wide data semantic of insurance information.

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