The Big "I" has had your back this year in many ways, and one major benefit for agencies with less than $50 million in annual property-casualty revenue is covering the annual ACORD Forms license fee.
Most agents access ACORD forms via their agency management systems or other ACORD-authorized third-party forms redistributors. The Big "I" negotiated an agreement with ACORD, wherein Big "I" covers the cost of the End User Licenses (EUL) when accessing via a management system or redistributor, or provide a EUL discount when accessing directly through the ACORD Advantage Plus Program.
The result of the agreement is that your agency will not have to pay the EUL fee to ACORD, and agents will experience no change in your management system workflow or use of ACORD forms with the exception of an initial and annual validation to confirm Big "I" membership. This will be executed via a clickthrough acceptance.
Keep in mind that obtaining this license through ACORD is an ANNUAL RENEWAL. Starting Friday, January 1, agencies need to go through the ACORD Forms license renewal.
The Big "I" ACORD License FAQ page covers everything you need to know. For information on obtaining a complimentary license, click HERE.