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Product Detail

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Product Model V2.1

The ACORD Reference Architecture provides an enterprise architecture framework for the insurance industry. It consists of business processes, standards, information models, software, and infrastructure analysis to run and operate insurance companies and applications efficiently.

The Product Model is a graphical notation which enables users to quickly, easily, and precisely represent insurance products in a manner that is useful to all levels of an enterprise. This is complemented by the ACORD Product Schema, which enables an XML representation of the product model, and data interchange across enterprise tooling.

ACORD Reference Architecture components are also available to download for subscribers in the Reference Architecture area.