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Data Standards and Technology

The Surety & Fidelity Association of America (SFAA) promotes the use and benefits of technology within the industry.  SFAA:

  • acts as a clearinghouse of information by educating and informing members and other stakeholders on issues involving technology. 
  • identifies, offers and develops technology resources and methodologies that serve the best interests of the surety and fidelity industry. 
  • advocates for and develops data standards to streamline data collection and transmission of information in the surety and fidelity industry.

XBRL US Presentation to the SFAA Contract Bonds Advisory Committee

The links below have useful information on data standards and eBonding/eProcurement.

ACORD Standards - foundation for data communication across the global insurance industry

XBRL US is a not-for-profit organization supporting the implementation of digital business reporting standards through the development of taxonomies for use by U.S. public and private sectors, with a goal of interoperability between sectors, and by promoting XBRL adoption through marketplace collaboration.


Surety Automation - Joint SFAA/NASBP clearinghouse of information and best practices regarding surety automation issues, trends, developments and technologies

eProcurement Binding/Bonding Guidelines - A coalition of organizations deeply involved in the procurement and bonding processes of public projects, has joined together on a set of common principles addressing the use and impact of electronic methodologies in the procurement process.

Insurance and Technology

1140 19th Street, NW, Suite 500 • Washington, DC 20036-6617
Phone: 202-463-0600 • Fax: 202-463-0606