An ACORD certificate of insurance is a form that shows proof of business insurance. It is widely recognized as the industry standard by almost 90% of insurers. Get your ACORD certificate of liability insurance from The Hartford today.
ACORD certificates are governed by the Association for Cooperative Operations Research and Development. This association is a non-profit organization that provides the standardized forms and certificates for almost 90% of US property and casualty insurance carriers.
In September 2009, a change made to the Association for Cooperative Operations Research and Development’s (ACORD) Form 25, Certificate of Liability Insurance, eliminated language in the old form where ...
ACORD publishes and maintains an archive of standardized forms. ACORD has also developed a comprehensive library of electronic data standards with more than 1200 standardized transaction types to support insurance data exchange between trading partners.
ACORD stands for the Association for Cooperative Operations Research and Development, which is an international nonprofit organization created in 1970. The group formed in response to what was, at the time, a confusing situation in the insurance industry.
ACORD (Association for Cooperative Operations Research and Development) is the global standards-setting body for the insurance and related financial services industries.
Post-Bulletin: Ask Score: Don't have an ACORD certificate? You should get one.
A small business CEO and reader of this column emailed me and said "Dean, I was asked for an ACORD certificate for my business. I have no idea what that is; now what do I do?" That is a good question ...
Smart Business Magazine: How to understand certificates of insurance and use them properly