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Category: ACORD WARS


ACORD WARS: Episode VI

November 15, 2016  |  Posted by Nick Peterson   

Many agencies have turned to e-signatures as the majority of new business owners are tech savvy, especially when collecting ACORD forms. It may be time to address this shift and find out not if e-signatures are good for your business, but what kind of platform fits your needs? We’ve done some...

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ACORD WARS: Episode V

November 15, 2016  |  Posted by Nick Peterson   

A limit is the maximum amount of coverage that a carrier will pay in the event of a loss. Naturally, higher limits equal higher premiums, but some insureds are unaware that they have the capability to choose their limits. While it is advisable to expand the limit of a policy as high as possible,...

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ACORD WARS: Episode IV

November 9, 2016  |  Posted by Nick Peterson   

The most desirable outcome for any agent is to have the ability to master their own destiny, especially when focusing on new business. Most people believe that their actions have a direct impact on their success or failure, although sometimes this simply isn’t the case, which can be...

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ACORD WARS Episode III: The Real Reason to Provide an Accurate Business Description

October 25, 2016  |  Posted by Nick Peterson   

In General Lines, providing a business description on an ACORD form is typically a simple process. But sometimes things can get a little sticky. Here’s an example of good intentions gone wrong: A client owns a shoe store and describes their business as such to their agent. Therefore, the...

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ACORD WARS: Episode II

September 21, 2016  |  Posted by Nick Peterson   

In the history of the ACORD form, there are unique reasons that certain elements may not be required for an agent to receive a quote. Some articles of information are secondary to others. This is where things get interesting. Because agents and underwriters have a symbiotic relationship, when one...

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