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The Lloyd's of London insurance market uses ACORD standards for messaging between counterparties. [6] Lloyd's Core Data Record, an attempt to standardized data exchange, is based on ACORD standards. [7] In 2018, ACORD partnered with DataPro on the production of new software that would streamline the implementation of insurance data standards.
Accord and satisfaction is a settlement of an unliquidated debt. For example, a builder is contracted to build a homeowner a garage for $35,000. The contract called for $17,500 prior to starting construction, to disburse $10,000 during various stages of construction, and to make a final payment of $7,500 at completion.
A change request is declarative, i.e. it states what needs to be accomplished, but leaves out how the change should be carried out. Important elements of a change request are an ID, the customer (ID), the deadline (if applicable), an indication whether the change is required or optional, the change type (often chosen from a domain-specific ontology) and a change abstract, which is a piece of ...
An agent of record (AOR) is an individual or legal entity with a duly executed contractual agreement with an insurance policy owner in line with the prevailing legal norms and regulations of the region in which the contract was entered.
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CRQ may refer to: . Air Creebec's ICAO designator; McClellan–Palomar Airport's FAA location identifier:CRQ, a software product for CueCat; Caravelas Airport's IATA code; Change Request, in Information Technology, a customer or user's request to change hardware or software.
Dominance in defeat. That’s how Corbin Burnes, the consensus top free-agent pitcher this winter, ended his 2024 season. In Game 1 of the wild-card series against the visiting Kansas City Royals ...
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