Using their proprietary or vendor supported platforms,distributors and carriers can electronically process attachments transactions as illustrated by the following:
- Firm (Sender) produces document internally and transforms document into an ACORD XML message.
- ACORD XML message is sent to 存 including key data and attachment. 存 validates key data and sends information to recipient.
- Recipient replies to 存 with a status confirm. 存 sends status confirm to Sender.
Coming in 2024, Paperless Replacement Processing. A service which can reduce your requirement to send transfer paperwork to the ceding carrier. Sign up on the form at the end of the video below for more information.