ACORD's Board of Directors approved a motion appointing the members of the new ACORD Standards Committee (ASC). The 15-member ASC is comprised of Domain Steering Committee and Subcommittee Chairs as well as three ACORD Board directors who will be collectively responsible for leading the ACORD standards process at all levels.
The three domains are Life & Annuity, Property & Casualty/Surety, and Reinsurance/Large Commercial. Each Domain Steering Committee will include three subcommittees that address business requirements, technical requirements, and implementation and advocacy.
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