NU Online News Service, Dec.2, 12:36 p.m.EST

ACORD announced it has received another contribution from IBM tohelp the insurance industry's standards organization develop theACORD Framework Information Model.

The recent donation from IBM consists of the InsuranceApplication Architecture Business Object/Data Model and the IAAProduct Specification Diagram (PSD) notation. Both were developedby IBM in collaboration with insurance companies around the world.The IAA model has been licensed by more than 200 insurersworldwide.

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