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ACORD Expert Messaging & Forms Implementation Flashcards

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  1. Which ACORD XML element is used to indicate the version of an ACORD message schema being used?

    Answer: @xsi:schemaLocation

    The xsi:schemaLocation attribute in the root element points to the specific ACORD XML schema version being used for validation.

  2. When implementing ACORD IVANS eDocs & Messages, what is the purpose of the DocTypeDesc element?

    Answer: Provides a human-readable description of the document type being transmitted

    DocTypeDesc provides a plain-language description of the document type, helping recipients identify the content without parsing the full document.

  3. In ACORD ALDL (Agency-Level Data Level) implementations, which transaction type is used when a carrier sends updated policy data back to an agency management system?

    Answer: Policy Download

    Policy Download is the ALDL transaction type where carriers push updated policy information to agency management systems.

  4. What is the role of the SignonRq/SignonRs message pair in ACORD XML Real-Time transactions?

    Answer: They establish and confirm authentication credentials before business transactions

    SignonRq and SignonRs handle authentication handshaking, establishing a valid session before any business data is exchanged.

  5. An ACORD 103 form is used primarily for which type of insurance submission?

    Answer: Special Events Cancellation or Non-Appearance

    ACORD 103 is the Special Events Cancellation and Non-Appearance Insurance Application form.

  6. In ACORD XML, what does the MsgStatus element's MsgStatusCd convey when it returns a value of 'SuccessWithInfo'?

    Answer: The transaction succeeded and additional informational messages are included

    SuccessWithInfo means the primary transaction succeeded but the response also includes non-critical informational or warning messages.

  7. Which ACORD standard governs the electronic exchange of certificates of insurance between agencies and certificate holders?

    Answer: ACORD IVANS eDocs certificate delivery workflow

    ACORD IVANS eDocs provides the standard workflow and message format for delivering certificates of insurance electronically to certificate holders.