Agent Associations Help their Members Meet New ACORD Form Licensing Requirement
Effective January 1, 2020, ACORD will require all insurance agencies to directly license and pay membership fees to ACORD for the usage of ACORD Forms. AVYST, agency management system vendors, carriers, and others have been required to hold a licensing agreement with ACORD for the use and distribution of forms for many years, but this new position by ACORD now requires all agents and brokers who continue to use ACORD Forms after January 1 to obtain licenses directly from ACORD.
Members of our AVYST Partner Organizations – affiliates of the National Association of Professional Insurance Agents (PIA) and the Independent Insurance Agents and Brokers of America (IIABA) – that have a group gross revenue of under $50 million will be eligible for a license from ACORD as part of their membership(s), with no additional payment necessary.
Additional information for for PIA members can be found in their press release and for IIABA members in their FAQ.
Users who do not qualify for a license under their PIA, IIABA, or other qualifying ACORD membership are able to purchase a stand-alone End User License from ACORD. For additional information, please review the ACORD membership programs.