BOSTON, MA – May 26, 2010 – Sword AgencyPort (a Sword Group company), the leading provider of web-based distribution solutions to the property and casualty insurance industry announced that it has accepted three 2010 ACORD awards at the annual ACORD LOMA Insurance Systems Forum taking place this week in Las Vegas. Sword AgencyPort won its first of three awards for being most actively involved with ACORD in the Property, Casualty & Surety market and won two awards for innovative use of ACORD standards with two Sword AgencyPort clients.

This is the sixth consecutive year where Sword AgencyPort has been recognized with ACORD awards for leadership in developing and implementing ACORD standards.

The first client implementation recognized by a panel of judges consisting of insurance carrier, broker and agent members of ACORD, is in the category of Most Compelling Case Study for Aon Benfield’s newly-launched FAConnect platform which is built on AgencyPortal by Sword AgencyPort. Aon Benfield, the world’s premier reinsurance intermediary and capital advisor offers FAConnectSM as a groundbreaking web portal for the placement of facultative transactions.

“Together with Aon Benfield, we’re honored to win in this category. Using ACORD standards in AgencyPortal means Aon Benfield can update FAConnect to react quickly to market opportunities, said Colleen Wells, Sword AgencyPort project manager for FAConnect. “The story of FAConnect is a classic example of a business applying technology to better serve a market segment, and ACORD standards underpin this technology.”

The Early Adopters in XML Transactions award by ACORD recognized Sword AgencyPort, Concord Group Insurance and Appulate for using ACORD standards in offering Concord Group’s independent agents another way to upload new business submissions to Concord Group via the Appulate service. Concord Group uses AgencyConnect by Sword AgencyPort to interface with agency management systems, comparative raters and Appulate.

The Property Casualty Surety Most Actively Involved with ACORD Award recognizes AgencyPort’s active involvement alongside its clients in shaping the ACORD standards. Members like Sword AgencyPort volunteer their time and effort to help launch new standards and keep standards current with the evolving insurance market.

We also congratulate our clients for winning 2010 ACORD awards for using standards to grow market share and run their business more efficiently, and many of these clients used Sword AgencyPort solutions to achieve both business goals and ACORD awards. Congratulations to Harleysville Insurance, The Hanover Insurance Group, The Hartford and MEMIC.