ACORD Updates for 23R3

Note: This update represents only a portion of the AMS360 23R3 release. Please navigate to AMS360 2023 R3 Release Notes to review other enhancements and fixes that were part of this release.

Numerous changes have been made in Version 23R3, including the addition of new ACORD forms and the removal of older versions of various forms.

  • Older versions of ACORD forms have been removed from AMS360.

  • ACORD 90 CA 2023/01 is newly added.

  • ACORD 90 TX 2015/12 is newly added.

  • Users should be creating the ACORD 90 MD Maryland Personal Auto Application (08/2019) version with three garage locations shown correctly in the ACORD form.

  • Accord 80 forms will now display the options within the Fire Extinguisher box as "Y/N" instead of "X."

  • For the 2016/11 Homeowners LOB policy in the Rating / Underwriting section, if the Fire Extinguisher check-box is checked, then by creating the same application the Fire Extinguisher check-box shows as Y.

  • If initially checked and then unchecked, the Fire Extinguisher check-box in Homeowners applications shows as N.

  • If nothing is selected by default, the Fire Extinguisher check box in Homeowners applications shows as blank

  • The below forms have been updated with this change:

    • Generic ACORD 80 – Homeowners Application – 80 • 2013/09

    • ACORD 80 WA • 2021/06

    • ACORD 80 NV • 2022/01

    • ACORD 80 NY • 2022/02

    • ACORD 80 FL • 2022/05

  • By viewing the application, the customer will know the exact value of the Fire Extinguisher selected in AMS360 (i.e., if checked it shows as Y; if checked and then unchecked it shows as N; if nothing is selected by default it shows as blank in the application).

  • Workflow steps:

  1. Select a PL policy with Homeowners LOB and select Homeowners Application,80 in the Application, with 11/2016 as the version.

  2. Click on the "Added Homeowners LOB" hyperlink.

  3. Click on the "New at Location Information" section and the "Expand Rating / Underwriting" section

  4. Check the Fire Extinguisher check-box

  5. Click on the "Add at Location Information" section and then "Save & Close" the form

  6. Create an Application from the Applications tab

  7. The Fire Extinguisher check-box should show Y.

 

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