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Subject: [ubl-comment] FW: [xmlorginterest] ACORD Brings Insurance Industry toOASIS UBL Liaisons

Title: FW: [xmlorginterest] ACORD Brings Insurance Industry to OASIS UBL Liaisons

-----Original Message-----
From: Carol Geyer [mailto:carol.geyer@oasis-open.org]
Sent: Friday, April 19, 2002 10:29 AM
To: xmlorginterest@lists.xml.org
Subject: [xmlorginterest] ACORD Brings Insurance Industry to OASIS UBL

ACORD Brings Insurance Industry to OASIS UBL Liaisons

Boston, MA, USA; 19 April 2002 -- ACORD, the insurance industry
standards organization, has become the latest industry group to appoint
a representative to the OASIS Universal Business Language (UBL)
Technical Committee. ACORD joins liaisons from a broad group of industry
standards organizations in the subcommittee that provides guidance to
UBL, the initiative to define standard XML business forms for electronic

"ACORD has been a long time advocate of working with other organizations
to achieve interoperability across industries," said Gregory Maciag, CEO
of ACORD. "Insurance is not only a vertical market, but also an integral
part of international supply chain management. The UBL effort brings
together major players in the standards arena to develop ebXML compliant
solutions. This is
very important to our industry."

Other organizations with liaisons to UBL include: ARTS, representing
retail sales; ASC X12, representing EDI standards; EIDX, representing
the electronics industry; RosettaNet, the information technology
consortium; and XBRL, the accounting industry standards organization.
UBL liaisons provide input to UBL and coordinate the review of standard
XML business schemas as they become publicly available.

"Input from these pivotal industry groups ensures that UBL reflects the
needs of the marketplace," said Jon Bosak of Sun Microsystems, chair of
the OASIS UBL Technical Committee and organizer of the working group
that created XML. "Our goal of defining a common XML library for basic
business documents like purchase orders, invoices, and shipping notices
crosses all industries. Contributing to the development of UBL gives
industry groups the opportunity to shape the outcome of our work

About UBL (http://oasis-open.org/committees/ubl)
The OASIS UBL (Universal Business Language) Technical Committee is an
open, publicly accountable, nonprofit initiative to define a common XML
library for basic business documents like purchase orders, invoices, and
shipping notices.  UBL provides a standard set of XML building blocks
together with a framework that will enable trading partners to
unambiguously identify and exchange basic e-commerce documents in
specific business contexts.

The OASIS UBL effort builds on the Electronic Business XML (ebXML
infrastructure developed by OASIS and the United Nations.  The ebXML
specifications provide for XML registry services, reliable XML
messaging, standardized trading partner agreements, a standard data
dictionary, and a business context methodology.  However, UBL documents
are usable in a wide variety of other ecommerce frameworks as well.

UBL unites and harmonizes a number of currently existing XML and EDI
business libraries into a set of internationally recognized de jure
standards. Designed to solve major interoperability problems for both
vendors and users, UBL will speed the entry of small and medium-size
businesses into the electronic marketplace. UBL is freely available to
everyone without legal encumbrance or licensing fees.

About ACORD (www.acord.org)
ACORD (Association for Cooperative Operations Research and Development)
is a global, nonprofit insurance association whose mission is to
facilitate the development and use of standards for the insurance,
reinsurance, and related financial services industries. With offices in
Belgium, the United Kingdom, and the United States, ACORD accomplishes
its mission by remaining an objective, independent advocate for sharing
information among diverse platforms.  Affiliated with ACORD are hundreds
of insurance and reinsurance companies and thousands of agents and
brokers, related financial services organizations, software providers,
and industry organizations worldwide.

About ARTS (www.nrf-arts.org)
The Association for Retail Technology Standards (ARTS), a division of
the National Retail Federation (NRF), is dedicated to the creation of an
international, barrier-free technology environment for retailers. The
National Retail Federation (NRF) is the world's largest retail trade
association, with membership that comprises all retail formats and
channels of distribution, including department, specialty, discount,
catalog, Internet, and independent stores. NRF members represent an
industry that
encompasses more than 1.4 million U.S. retail establishments with
aggregate annual sales of more than $3.4 trillion. NRF's international
members operate stores in more than 50 nations. In its role as the
retail industry's umbrella group, NRF also represents 32 national and 50
state associations in the U.S. as well as 36 international associations
representing retailers abroad.

About ASC X12 (www.x12.org)
The Accredited Standards Committee (ASC) X12, accredited by the American
National Standards Institute and comprised of cross-industry
representation, develops robust e-business exchange specifications and
electronic data interchange standards that interact with a multitude of
e-commerce technologies and serve as the premier tool for integrating
electronic applications. Through standards setting and active
participation in emerging and technically relevant initiatives, ASC X12
facilitates the effective exchange of electronic information. Propelling
global e-business, ASC X12 serves as the entry point for the United
States into the United Nations/Electronic Data Interchange for
Administration, Commerce and Transport (UN/EDIFACT), an international
standard relating to the exchange of trade goods and services.

About EIDX (www.eidx.org)
The Electronics Industry Data Exchange Association (EIDX) is a section
of the Computing Technology Industry Association (CompTIA) that
represents the majority of companies in the electronics industry. EIDX
researches and develops information exchange methodologies for the
electronics industry and develops and publishes business models and
standards implementation guidelines that represent current and emerging

About RosettaNet (www.rosettanet.org)
RosettaNet is an independent, self-funded, non-profit consortium
dedicated to the development and deployment of standard electronic
business interfaces to align the processes between supply chain partners
on a global basis. More than 250 companies representing more than $1
trillion in annual information technology and electronic components
revenues, currently participate in RosettaNet's standards development,
strategy, and implementation activities.

About XBRL (www.xbrl.org)
XBRL is an international consortium comprising accounting standards
bodies, accounting firms, technology companies, financial information
providers, corporations, and government regulatory bodies. The XBRL
standard is freely licensed and permits the automatic exchange and
reliable extraction of financial information across all software formats
and technologies, including the Internet.  XBRL does not require a
company to disclose any additional information beyond that which they
normally disclose under existing accounting standards, nor does it
require a change to existing accounting standards.

About OASIS (http://www.oasis-open.org)
OASIS (Organization for the Advancement of Structured Information
Standards) is a not-for-profit, global consortium that drives the
development, convergence and adoption of e-business standards. Members
themselves set the OASIS technical agenda, using a lightweight, open
process expressly designed to promote industry consensus and unite
disparate efforts. OASIS produces worldwide standards for security, Web
services, XML conformance, business transactions, electronic publishing,
topic maps and interoperability within and between marketplaces.

OASIS has more than 400 corporate and individual members in 100
countries around the world. OASIS and the United Nations jointly sponsor
ebXML, a global framework for e-business data exchange. OASIS operates
XML.org, a community clearinghouse for XML application schemas,
vocabularies and related documents. OASIS hosts The XML Cover Pages, an
online reference collection for interoperable markup language standards.

For more information:
Carol Geyer
Director of Communications
OASIS www.oasis-open.org
+1.978.667.5115 x209

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