ACORD RELEASES NEXT GENERATION DATA STANDARDS

Global standards-setting body Acord has released the latest version of its standards for insurance data exchange. Developed in partnership with industry organisations, Acord has launched Version 1.0 of its Next-Generation Digital Standards. The new standards are designed to function across any technology interface including APIs, mobile apps, the Internet of Things, distributed ledgers, and other cutting-edge technologies, Acord said.