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Accident Fund Honored With Association for Cooperative Operations Research and Development (ACORD) Award
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| June 11, 2010 |
LANSING, MI – Accident Fund Insurance Company of America, a leading national
workers compensation insurance company, was recently honored at the annual ACORD
LOMA Insurance Systems Forum at the Mandalay Bay Resort in Las Vegas, NV.
Accident Fund won a Most Compelling Case Study Award in the Property, Casualty &
Surety Market category.
The ACORD Most Compelling Case Study Award recognizes a selective number of
individual organizations that have implemented ACORD Standard Messaging and/or
made a significant contribution to the development of ACORD Standards. The study
was a recap of Accident Fund’s 2009 “Real-Time” and “Download” automation
campaign with agents. The campaign had four major components for agents:
educate, communicate, motivate and monitor.
Accident Fund’s over 800 agents were personally contacted in an effort to
communicate with them about the “Real-Time” and “Download” automation, educate
them on how to use it and motivate them to use it as part of their everyday
business activities. Accident Fund then monitored the usage over a set period of
time, revealing that the volume of agents downloading from Accident Fund
increased by 77 percent. The volume of monthly transactions on this software
improved nearly 450 percent from 2008 to 2009.
Accident Fund has been recognized at this esteemed ceremony for its web
development efforts for four consecutive years. Teresa Lambie, Web Services
manager, leads a skilled team of development experts who continuously strive to
improve processes and find efficiencies for workers compensation insurance agent
partners.
“We are honored to receive this award and recognition for our work by the
industry,” Lambie said. “This project allowed us to receive direct input on our
technology initiatives from our Agent Technology Council, making this award even
more meaningful to Accident Fund.
Founded in 1912 and headquartered in Lansing, Mich., Accident Fund Insurance
Company of America is licensed to provide workers compensation coverage in 49
states and the District of Columbia. Accident Fund is rated “A” (Excellent) by
A.M. Best and is a wholly owned subsidiary of Accident Fund Holdings, Inc., the
9th largest workers compensation insurer in the United States. For more
information, visit Accident Fund’s Web site at www.accidentfund.com.
Have Questions? Email
Corporate Communications
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