ACORD Solutions Group Connects Global Markets with New North American Digital Data Exchange Hub for Reinsurance and Large Commercial Transactions

ACORD Offering One Million Free Digital Transactions to New Users

NEW YORK, July 17, 2025 /PRNewswire/ -- ACORD Solutions Group (ASG), a leading provider of digital solutions for the global insurance industry, has announced the launch of its ADEPT North America Regional Hub to drive modernization across the industry through digital data exchange for large commercial and reinsurance transactions.

ADEPT (ACORD Data Exchange Platform and Translator) enables seamless, standardized data exchange for placing, accounting, and claims transactions across the (re)insurance value chain, regardless of an organization's current level of digital maturity. The platform is aligned with ACORD's Global Reinsurance & Large Commercial (GRLC) Data Standards, ensuring universal interoperability and enabling true cross-market collaboration.

As part of the launch, ASG is giving away one million free digital messaging transactions for each new North American carrier and broker, encouraging global connectivity and accelerating digital transformation across North America's growing (re)insurance market.

"By standardizing how organizations exchange data, ADEPT breaks down traditional silos and creates a collaborative environment where carriers, brokers, and reinsurers can work together more efficiently," said Chris Newman, President International, ACORD Solutions Group. "This isn't just about digitizing processes—it's about connecting markets and enabling the kind of seamless collaboration that drives innovation across the entire industry."

ADEPT transforms the traditional approach to data exchange by enabling organizations to shift from isolated, manual processes—such as rekeying data from emails or spreadsheets—to participating in a fully integrated digital messaging network. With this platform, users can experience significant time and cost savings while improving data quality and reducing manual effort across all participating organizations.

"Improving the efficiency of data exchange and reducing costs is a critical feature of the successful management of reinsurance companies," said Frank Nutter, President, Reinsurance Association of America. "ACORD Standards together with ASG's innovations mark a significant advance in achieving those goals."

The North America Regional Hub launch builds upon the proven success of ADEPT Regional Hubs already operating in Italy, Spain, and Bermuda, creating an expanding network of interconnected digital ecosystems. This collaborative approach is being amplified through the Ruschlikon initiative, which unites the world's largest reinsurance carriers and brokers in a shared commitment to digital transformation.

"This initiative from ASG is a significant boost to the insurance industry and reinforces the ongoing digitization efforts led by ACORD and Ruschlikon North America," said Sergio Ibanez, Swiss Re eAdmin Lead Americas and ACORD GRLC/RNAIG Chair. "At Swiss Re, we remain committed to supporting both the development and strengthening of regional hubs, as well as the broader adoption of ACORD Standards across North America."

As part of its global market connectivity initiative, ASG will continue expanding ADEPT Regional Hubs to create a worldwide network of interconnected (re)insurance markets. The upcoming launches in Dubai, Singapore, and Nordics will further strengthen global collaboration capabilities, enabling seamless cross-border transactions and strengthening international partnerships.

Learn more about ADEPT's digital data exchange capabilities at www.acordsolutions.com/adept, and sign up to be an ADEPT North America Regional Hub user by contacting [email protected].

About ACORD Solutions Group

ACORD Solutions Group was created to solve critical industry challenges by delivering next-generation digital solutions and services. Our enterprise-class solutions optimize the speed, cost, and accuracy of data exchange, connecting stakeholders regardless of geography, role, and legacy constraints. ACORD Solutions Group is an extension of ACORD, the standards-setting body for the global insurance industry. Learn more at www.acordsolutions.com.

Contact: Beth Jarecki

Omnia Paratus

[email protected]

SOURCE ACORD