Insurance Acronyms
Having trouble deciphering all of the acronyms? Let us help!
| Acronym | Definition |
|---|---|
| ACORD | Association for Cooperative Operations Research and Development |
| BO | Business Owner |
| BOP | Business Owners Policy |
| BPP | Business Personal Property |
| BR | Builder’s Risk |
| CGL | Commercial General Liability |
| CPP | Commercial Package Policy |
| DOI | Department of Insurance |
| EIN | Employer Identification Number |
| EMR | Experience Modification Rate |
| EPLI | Employment practices liability Insurance |
| E&O | Errors and omissions insurance |
| E&S | Excess and surplus lines |
| FDD | Functional Design Document |
| FEIN | Federal Employer Identification Number |
| GL | General Liability |
| IPFS | Imperial Premium Financing System |
| IRS | Internal Revenue Services |
| ISO | Insurance Services Office |
| LoB | Line of Business |
| MGA | Managing General Agent |
| NAICS | North American Industry Classification System |
| NCCI | National Council for Compensation Insurance |
| NPN | National Producer Number |
| SIC | Standard Industrial Classification |
| SSN | Social Security Number |
| WC | Workers Compensation |