Pittsburgh - A full 90% of carriers have adopted some form of Web Services within their information technology architecture, and 58% of those have adopted the industry-specific ACORD (Association for Cooperative Operations Research and Development) XML standards as part of their Web Services initiatives.These are the results of a recent survey of top insurance carriers conducted by SEEC Inc., a provider of business component software for the insurance and financial services industries.
"What we're finding is that the ACORD standards are gaining more ground than previously expected," says Shane Tulloch, CEO of SEEC. "Judging from our survey results, companies are under-reporting their ACORD XML implementations. Of the 17 companies that said they are using ACORD standards, nine of them have not reported their implementations to ACORD."
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