Update: ACORD – Big I Forms Arrangement
Last summer, the Independent Insurance Agents & Brokers of America announced that member agencies with revenues below $50 million will receive compliementary licenses for use of ACORD forms. ACORD intends to start charging all end users licensing fees effective Jan. 1, 2020. The Big I member benefit covers the cost of those fees. Steve Anderson, an insurance technology expert and an at-large member of the Big I New York board of directors, is out with a new blog post about the changes ACORD is making. The entire post is worth reading in full, but these parts relate to the Big I member benefit: [Update] The…