Ohio-based Westfield Insurance has been awarded the Industry Leadership for Improved Commercial Lines Download award from ACORD. This award recognizes insurance companies who offer extensive commercial download based on current ACORD standards.
ACORD’s written statement said that by successfully implementing commercial lines download based on ACORD standards, Westfield ensures that agents will spend less time entering data into their agency management system, saving time and money for the agency.
The award is given to only a few select companies that show leadership in adopting standards, according to ACORD.
Westfield received the award at the ACORD LOMA Insurance Systems Forum on May 22.
“Westfield is setting an example for the rest of the industry that we hope inspires others to join ACORD and begin their work with data standards,” said Denise Garth, vice president of membership and development at ACORD.
ACORD (Association for Cooperative Operations Research and Development) is a nonprofit association that facilitates the development and use of standards for the insurance, reinsurance and related financial services industries.
Ohio-based Westfield Insurance provides commercial and personal insurance and surety services to customers in 28 states. Westfield markets its products through more than 1,200 leading independent insurance agencies and identifies itself as one of the country’s largest property and casualty insurers.
Source: ACORD
Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
