|
ACORD and Industry Standards
Insurance Industry Standards
COSS actively pursues the development and integration of standard formats for the insurance industry. As a participating ACORD member, COSS has received the following ACORD certifications and recognition:
|
|
Early Adopter of XMLife Award, May 2000
|
|
|
Early Adopter of TxLife Transaction Award, May 2003
|
You may find out more information about ACORD under our "Partners" screen, under the Company tab.
Technological Standards
COSS systems are developed using Microsoft technologies. Current development uses Windows DNA architecture in an N-tiered environment. Current implementation efforts are underway .NET technology.
COSS systems utilize standard relational database management systems (RDMS), such as Oracle, Sybase SQL server, DB2, and other ODBC- or JDBC-compliant data sources.
Compliance
At COSS, we take industry compliance seriously. COSS employs on-staff and outside content experts to ensure the compliance of our software solutions. Compliance highlights include:
|
|
NAIC- and NASD-compliant product illustration ledgers
|
|
|
Enterprise Advanced Marketing system: reviewed and approved by Douglas I. Friedman, J.D., CLU, founding partner of Friedman & Downey, P.C., and renowned industry compliance expert. Mr. Friedman monitors the regulatory environment and advises COSS on its system compliance.
|
|
|
A spirit of partnership with our client companies. New COSS system releases reflect regulatory changes and a consensus of our client companies' recommendations. Further, new releases can be customized to accommodate any companies' compliance department concerns.
|
|
