ACE ACORD Expert Messaging & Forms Implementation 2 — Questions and Answers
Question 1: Which ACORD XML element is used to indicate the version of an ACORD message schema being used?
- <MsgVersion>
- <SchemaVersion>
- @xsi:schemaLocation (Correct answer)
- <ACORDVersion>
Correct answer: @xsi:schemaLocation
The xsi:schemaLocation attribute in the root element points to the specific ACORD XML schema version being used for validation.
Question 2: When implementing ACORD IVANS eDocs & Messages, what is the purpose of the DocTypeDesc element?
- Specifies the MIME type of the attached document
- Provides a human-readable description of the document type being transmitted (Correct answer)
- Defines the encryption method for the document
- Identifies the originating agency's document management system
Correct answer: Provides a human-readable description of the document type being transmitted
DocTypeDesc provides a plain-language description of the document type, helping recipients identify the content without parsing the full document.
Question 3: In ACORD ALDL (Agency-Level Data Level) implementations, which transaction type is used when a carrier sends updated policy data back to an agency management system?
- Policy Add
- Policy Change
- Policy Download (Correct answer)
- Policy Inquiry
Correct answer: Policy Download
Policy Download is the ALDL transaction type where carriers push updated policy information to agency management systems.
Question 4: What is the role of the SignonRq/SignonRs message pair in ACORD XML Real-Time transactions?
- They transmit policy application data
- They establish and confirm authentication credentials before business transactions (Correct answer)
- They encode binary attachments in Base64
- They define the namespace prefixes for the transaction
Correct answer: They establish and confirm authentication credentials before business transactions
SignonRq and SignonRs handle authentication handshaking, establishing a valid session before any business data is exchanged.
Question 5: An ACORD 103 form is used primarily for which type of insurance submission?
- Commercial General Liability certificate
- Special Events Cancellation or Non-Appearance (Correct answer)
- Homeowners new business application
- Garage policy endorsement request
Correct answer: Special Events Cancellation or Non-Appearance
ACORD 103 is the Special Events Cancellation and Non-Appearance Insurance Application form.
Question 6: In ACORD XML, what does the MsgStatus element's MsgStatusCd convey when it returns a value of 'SuccessWithInfo'?
- The transaction was rejected but supplemental data was returned
- The transaction succeeded and additional informational messages are included (Correct answer)
- The system requires a follow-up SignonRq to continue
- The response contains partial data due to a timeout
Correct answer: The transaction succeeded and additional informational messages are included
SuccessWithInfo means the primary transaction succeeded but the response also includes non-critical informational or warning messages.
Question 7: Which ACORD standard governs the electronic exchange of certificates of insurance between agencies and certificate holders?
- ACORD 25 mapped to ALDL download specs
- ACORD XML Real-Time Certificate of Insurance transaction set
- ACORD IVANS eDocs certificate delivery workflow (Correct answer)
- ACORD AL3 certificate record layout
Correct answer: ACORD IVANS eDocs certificate delivery workflow
ACORD IVANS eDocs provides the standard workflow and message format for delivering certificates of insurance electronically to certificate holders.
ACE ACORD Expert Messaging & Forms Implementation 2
Which ACORD XML element is used to indicate the version of an ACORD message schema being used?