5 05, 2023

SUPPLEMENTARY ACORD FORMS

2023-05-05T05:33:03+00:00May 5, 2023|ACORD AL3|0 Comments

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| ByWinsurtech

What is a Supplementary Acord Form? Acord Forms attached to the main Acord application are labeled supplementary Acord Forms. Depending on the scenario, these forms might be linked to a Personal or a Commercial application. These supplemental forms might contain details about anything additional not mentioned [...]

25 04, 2023

What is the use of the 5AOI and 9AOI groups in AL3

2023-04-25T12:22:20+00:00April 25, 2023|ACORD AL3|0 Comments

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| ByWinsurtech

5AOI: The Additional/Other interest is a joint group used to contain information relating to persons or parties other than the insured who have an interest during this policy for one reason or another. there's a code that describes the nature of the interest as being [...]

19 04, 2023

Solutions to convert AL3 files to JSON

2023-04-25T12:22:52+00:00April 19, 2023|ACORD AL3|0 Comments

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| ByWinsurtech

Winsurtech Web Viewer is one of the software which can be used to open AL3 files and see the data visually. You can access the AL3 Web Viewer here: https://al3viewer.winsurtech.com/. It lets you search the data as well on keywords and download the AL3 data [...]

12 04, 2023

What is the purpose of carrier questions in an ACORD form

2023-04-25T12:23:31+00:00April 12, 2023|ACORD AL3|0 Comments

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| ByWinsurtech

ACORD Forms ACORD forms are used in the insurance industry to standardize the collection of information for insurance applications, quotes, and policies. Carrier questions are a section of the ACORD form that is designed to provide insurers with information about the applicant's current or previous [...]

10 04, 2023

Purpose of Insurance Certificates (ACORD 25 and others)

2023-04-25T12:23:54+00:00April 10, 2023|ACORD AL3, Insurance|0 Comments

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| ByWinsurtech

Certificates of Insurance A Certificate of Insurance is a complete and defined document that includes all the important information about an insurance policy. It could be used, for instance, to demonstrate the policy's current status, coverage specifics, risk exposure, and third-party liability protection. You receive [...]

19 12, 2022

AL3 Downloads Policy Reconciliation Overview

2023-04-24T05:41:59+00:00December 19, 2022|ACORD AL3|0 Comments

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| ByWinsurtech

In AL3 downloads, if a policy matches more than one policy record in AMS/CRM, that means we need to take a look at the downloaded transaction record and manually merge it to the correct original policy. This is where the Policy Reconcile process comes into [...]

24 06, 2022

What is Towing and Labor Costs Coverage?

2023-04-24T05:48:29+00:00June 24, 2022|ACORD AL3, Insurance|0 Comments

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| ByWinsurtech

Introduction Towing and labor cost coverage is an optional coverage that pays the cost of towing the vehicle to a repair shop when it is unable to be driven. It also covers a specified amount of necessary labor charges at the place of the breakdown [...]

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