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...an the owner must jump into the electronic pool with both feet, attend classes...ter technology or is the brightest electronic star in the business. Leadership...

... Resources & Links Categories Popular Recent All Back Acord Targets Global Standards 9/26/2014 12:00:00 AM by CompleteMarkets Editor , Beth Grossman This content has not been rated yet. Globalization and technology have affected every industry, including insurance. This has moved ACORD to participate in organizations and programs developing globalized standards, and to take a leadership role in uniting these separate efforts to improve electronic communications and data transfer. ACORD has long recognized the need to be active in national and international standards initiatives. Since the early 1990s, ACORD representatives have participated in the American National Standards Institute (ANSI) and the United Nations Electronic Data Interchange for Administration, Commerce and Transport (EDIFACT) . This has been helpful, although a comprehensive vision of global standards has yet to be created. ... ACORD and IVANS to do its development work. The XML will be taken from a JV data dictionary. ACORD and IVANS will group the data into logical reusable aggregates and provide data tags and the document type definitions for each business, starting from the Joint Venture reinsurance messages. Object Model Convergence. Under the U.N. pilot project, eEG7 and ACORD are developing object models that will provide for reusable components for various industries. The ACORD Life participants will study possible benefits to their group. Gordon Serby, managing director of Marsh, said, In the longer term, business will be transacted using distributed objects which will allow the industry to react very quickly to changing and new sales. Marsh is very excited to participate in this project. The ACORD Life program is continuing to expand internationally, building on ...

...s still maintain both paper and electronic files in Commercial Lines. What’s more, the electronic file can have many components: The ...ms for a year before going totally electronic. All too often, one year turns i...

... each other out, negating any positive effects. HAVE I IDENTIFIED THE PROPER SPOKESPEOPLE? Who within your company are you making available to talk about your message? Prepare them in advance to answer questions about the message. Make sure that they're comfortable in delivering the correct message and answering questions. AM I FORGETTING ANYTHING? When creating your media plan, remember that there are more outlets than newspapers and electronic media. What other ways can you reach your intended audience? What about industry trade publications? Are there certain Web sites that your audience might check out? Might public events or a press conference enhance the message? Plan these components in advance of the message's release. HAVE I DEVELOPED A PLAN? Planning your public relations campaign is the best way to keep yourself from being caught off-guard. ... you personalize your release to demonstrate how the message or product has affected someone in the community? IS THE MESSAGE CONSISTENT WITH THE ADVERTISING? An ad campaign linked with the PR campaign allows you to transmit your message in different ways using different media, to create greater awareness and credibility. But make sure that the messages complement each other. When the messages are muddled, the advertising and public relations components cancel each other out, negating any positive effects. HAVE I IDENTIFIED THE PROPER SPOKESPEOPLE? Who within your company are you making available to talk about your message? Prepare them in advance to answer questions about the message. Make sure that they're comfortable in delivering the correct message and answering questions. AM I FORGETTING ANYTHING? When creating your media plan, remember that there are more outlets than ...

...ore outlets than newspapers and electronic media. What other ways can you reac...ce enhance the message? Plan these components in advance of the message’s rele...

...xpect new ideas. The consumer electronics industry has been in somewhat of a...

... . If they say service' (as you often do), ask them to specifically define the good service that impresses them. Is it your claims processing assistance? Is it because you're available when they need you? Is it because you return their phone calls? Is it because of the caliber of your staff? Is it because you have the technology to meet their needs faster through the electronic world? You need to know the specifics. The third challenge is (or should be) the awareness of the many services and products you can provide. The independent agency system has to break out of the P/C mold. Clients want more, and you should be giving more as the industry moves into full financial services. You have to package your agency as a full-service, ... products they sell. This may be true if you're a captive agent, but it's definitely not the case for the independent agency that represents many brands. You may sell Safeco's brand of products, or The Hartford's, but what's your brand? Who are you? How can you burn that imprint into the minds of your clients and prospects? Branding for the independent insurance agency has a number of components that must work together: your market(s ), your ancillary profit centers (financial services, for example), your agency positioning (uniqueness), and often, your clientele (association marketing) . Numerous agencies, particularly niche players, fall into the product, or market, trap. They brand themselves based on what they sell, not what they offer. Your product isn't ...

...ts in several ways. The company electronically accesses digital photos and app...

... who works efficiently from the electronic file can to process the transaction...use of automation. Three important components to good employee performance are...

... of the request documented electronically and/or filed in the t-file? ...