LM TOM has delivered 3 new/enhanced ACORD XML message standards for the Delegated Authority business in cooperation with ACORD
LM TOM has worked with ACORD and Lloyd’s to produce the Delegated Authority Premium and Claims reporting standards as ACORD XML messages. In addition, bankers’ blanket bond crime, cyber, directors and officers, employers’ liability, financial institutions, professional indemnity, general liability, medical malpractice and UK flood re data requirements have been added to the ACORD Risk Bound property and terrorism reporting standard. These message standards will help support the successful implementation of the DA SATS platform. The draft message standards are available from the ACORD website for review/testing.