Skip to main content
Back to glossary

Glossary

AL3

The ACORD Level 3 flat-file standard used to exchange policy and commission data between insurance carriers and agency systems.

AL3 is a fixed-position record format, decades old and still the backbone of carrier-to-agency data exchange in the United States. Files arrive as batches of typed records describing policies, transactions, and commission detail.

Its age shows: parsing AL3 requires the record layout specifications, and carriers vary in which optional segments they populate. That variability is why AL3 support is a meaningful engineering commitment rather than a simple import feature.

See also

  • IVANSThe industry network that moves policy data, commission statements, and documents electronically between carriers and ag
  • ACORD FormsThe standardised insurance application, certificate, and notice forms published by ACORD and used across the industry.
  • Commission StatementA document from a carrier showing the commissions earned by an agency on policies sold, including premium amounts, commi

Ready to stop drowning in spreadsheets?

See how Policy Balance Hub can automate premium reconciliation for your agency. Start the trial in minutes — or request a personalized walkthrough.

14-day free trial (up to 100 policies, 3 users). No credit card required.