APIs and Standards Steven Tuften, ACORD You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any content in this document, nor may you distribute any part of this content over any network, including a local area network, sell or offer it for sale, or use such content to construct any kind of database. Jan 2019
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
APIs and StandardsSteven Tuften, ACORD
You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any content in this document, nor may you distribute any part of this content over any network, including a local area network, sell or offer it for sale, or use such content to construct any kind of database.
Jan 2019
45+ Years of
Industry Service 8000+ Participating
Organizations 1200+ Standardized
Transaction Types
SERVING THE GLOBAL INSURANCE INDUSTRY
4 of 5 Top Brokers
9 of 10 Top Solution Providers
19 of 25 Top L&A Carriers
21 of 25 Top P&C Carriers
20 of 25 Top Reinsurers
FACILITATING GLOBAL DATA EXCHANGE
6,000ACORD regulatory
submissions to date
7,000Core systems leveraging
ACORD Standards
400,000ACORD forms downloaded
over last five years
9,000,000Annual ACORD
message transactions100+ Countries
1/3Global GWP by
ACORD
Carriers
Re
L&A
P&C
5
15
80
ACORDDigital StandardsMember Requirements• Internal integration via
Micro-Services architecture
• Mobile/Web App integration
• Partner Integration via API interfaces (Private)
• Open APIs (Public)
Existing XML Data model enhanced to support Resources
& Hyperlinks.
Resource Model derived from XML Model.
XML auto conversion to JSON.
Resource Model enhanced to generate XML/JSON.
API’s enhanced to support bespoke services.
ACORD XML Data Model/s
ACORD API Spec-
ification/s
ACORD Messaging
Spec-ification/s
Interim State
ACORD XML Data Model/s
ACORD Messaging
Spec-ification/s
Current State
ACORD Messaging Resource Library
ACORD XML Data Model/s
ACORDJSON Data
Model
ACORD API Spec-
ification/s
ACORD Messaging
Spec-ification/s
Bespoke API Spec-
ification/s
Target State
ACORD Messaging Resource Library
XML JSON
1 2 3Capabilities* by Phase
*Publish Claims Lodgement API,
JSON Converter | Q4 2018
Resource definitions & API
Implementation Guide | Q1 2019
**Claim Inquiry Decision API | Q2
2019
JSON Schema & OpenAPI format |
Q3 2019
* APAC GI, Australia-NZ Life, Southern Africa Short Term ** Requested by Australia-NZ Life Program
ACORD Asia-Pacific Digital Standards Roadmap
Related Documents
