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NEW MEMBER BENEFIT: Complementary ACORD license

National association to pay ACORD fees for members with gross revenue under $50 million

On January 1, 2020, ACORD will begin charging all users of ACORD forms a fee. Our national association has announced that it will fund ACORD form end user licenses for the majority of member agencies (with a group gross property/casualty revenue of under $50 million), allowing them to claim these licenses free of charge. 

Please contact Anita Trevino with any questions about your agency's online IIABA profile validating your agency's membership.

  

AT A GLANCE:

  • IIABA is covering the EUL fee of agency members with annual P&C gross revenue of <$50 million accessing ACORD forms via ams or authorized third-party.

  • IIABA members get discounts to access through ACORD Advantage Plus Program (for non-ams users with annual P&C gross revenue <$1 million).


  • Only one representative per agency needs to obtain an ACORD license for the agency.  Reps will validate their Big I membership during this annual process.

  • Different locations that have the same name only need one license.  Different locations with different names or different ams systems will need their own license.

  • Agencies do not need to worry about third-party data compliance with ACORD, as no client PII will be accessible.


What if I have questions or need further help?
More background on ACORD Forms is available at www.acord.org/forms-faq, and members can also call ACORD directly at (845) 620-1700.


See also  national's ACT webpage about ACORD licensing.  

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