The new agreement will give access to ACORD forms to all Big “I” agents
A new joint program between the Independent Insurance Agents & Brokers of America and ACORD will provide qualifying Big “I” independent agencies with a complimentary license to use the over 850 ACORD Forms for their agency.
“Industry-standard forms are a critical component of an independent agent’s business,” said Bob Rusbuldt, Big “I” President & CEO. “With this licensing program, the Big ‘I’ is helping our members improve their operational effectiveness. We are proud to play a key role in facilitating the delivery of these assets to our members and to further enhance the value of their Big ‘I’ membership.”
How the new joint program works
All independent agents and brokers that use ACORD Forms typically are required to obtain a license from ACORD. Under the new agreement, any Big “I” member with “a group gross revenue of under $50 million” will now be eligible for a complimentary ACORD license at no additional payment required.
“The Big ‘I’ has been an invaluable partner to ACORD in standards development, industry outreach, and many other activities in service to the insurance industry at large,” said ACORD President and CEO Bill Pieroni. “By ensuring access to ACORD Forms, the Big ‘I’ has once again affirmed its commitment to enabling success for the independent agent and broker community.”
More about the Big “I” and ACORD in their own words
The Big “I” is the nation’s oldest and largest national association of independent insurance agents and brokers, representing more than 25,000 agency locations united under the Trusted Choice brand. The association is dedicated to providing tools, education, and advocacy to help members run more effective and profitable agencies.
ACORD, a not-for-profit industry organization, has been providing forms to the insurance industry since 1972. ACORD currently maintains a library of over 850 forms in a variety of formats, widely used throughout the global industry. As part of its ongoing collaboration with ACORD, the Big “I” has announced that it will fund ACORD Form end user licenses for the majority of its member agencies, allowing them to claim these licenses free of charge.