ACORD Solutions Group (ASG), a provider of digital solutions for the global insurance industry, has launched the ADEPT North America Regional Hub to drive industry-wide modernisation through standardised digital data exchange for large commercial and reinsurance transactions.
ADEPT enables seamless, standardised data exchange for placing, accounting, and claims processes across the re/insurance value chain—regardless of an organisation’s digital maturity.
To support the launch, ASG is offering one million complimentary digital messaging transactions to each new North American carrier and broker.
ADEPT transforms traditional data exchange by allowing organisations to move from isolated, manual processes—such as rekeying data from emails or spreadsheets—to participating in a fully integrated digital messaging network. This transition delivers significant time and cost savings, improves data quality, and reduces manual effort for participating organisations.
The new hub builds on the success of existing ADEPT Regional Hubs in Italy, Spain, and Bermuda, expanding a global network of interconnected digital ecosystems. This collaborative effort is further supported by the Ruschlikon initiative, which unites global reinsurers and brokers in a shared commitment to digital transformation.
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Chris Newman, President International, ACORD Solutions Group, said, “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.
“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.”
“Improving the efficiency of data exchange and reducing costs is a critical feature of the successful management of reinsurance companies,” added Frank Nutter, President, Reinsurance Association of America. “ACORD Standards together with ASG’s innovations mark a significant advance in achieving those goals.”
Sergio Ibanez, Swiss Re eAdmin Lead Americas and ACORD GRLC/RNAIG Chair, commented, “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.
“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.”
ASG revealed that it will continue expanding its ADEPT Regional Hubs to create a worldwide network of interconnected re/insurance markets, with upcoming launches in Dubai, Singapore, and Nordics.
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