ACORD | Jotup

Automate Document Intake with AI using Kanverse.ai’s New Guidewire Marketplace App

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Thursday, December 14, 2023

Powered by its patented, proprietary multi-stage artificial intelligence (AI) engine, Kanverse provides end-to-end automation of insurance document processing for insurers.

Key Points:

Powered by its patented, proprietary multi-stage artificial intelligence (AI) engine, Kanverse provides end-to-end automation of insurance document processing for insurers.
The Kanverse user interface is intuitive and highly collaborative, allowing users to communicate with each other within the platform.
Kanverse’s powerful AI can adapt to changes in the intake documents and learn from users using auto-learning.
Making AI the cornerstone of its advanced technology ensures accuracy and adaptability as the industry evolves, helping to future-proof insurers for years to come.”

ACORD Transcriber Announces Expanded AI-Enabled Features for Intelligent Document Processing

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Thursday, November 2, 2023

Cloud, Insurance, LLM, SVP, Uldren Sov, ACORD, Salesforce, Natural language, Transcriber, API, NLP, Table, Automation, Memory, Mobile phone, Medical device, Risk management

NEW YORK, Nov. 2, 2023 /PRNewswire/ -- ACORD Solutions Group, leading provider of next-generation digital solutions for the global insurance industry, today announced the launch of extended capabilities in ACORD Transcriber, a widely used tool that enables digitalization and automation of data processing from insurance forms and other documents. These AI-based capabilities facilitate data extraction from both structured and unstructured document formats, including submissions, contracts, invoices, endorsements, loss runs, market reform contracts (MRCs), schedules of value (SOVs), declaration pages, and more.

Key Points:

The latest features of ACORD Transcriber's insurance-specific AI/ML engine include new and enhanced capabilities such as:
Comprehensive baseline AI models: Built into ACORD Transcriber are pre-trained AI models for a wide variety of insurance document types.
ACORD Transcriber includes out-of-the-box support for integration to multiple external LLMs, such as clients' proprietary or third-party models.
ACORD Transcriber can be accessed through a self-service portal, or by API-based integration with a wide variety of third-party and legacy systems.
If any of your processes currently involves the manual rekeying of information, ACORD Transcriber can show you a better way."

Indico Data unveils Indico 6, newest version of their industry leading intelligent intake solution

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Tuesday, October 31, 2023

Insurance, Policy, Studio, Microsoft, ACORD, Machine learning, Communication, Head, Risk management

BOSTON, Oct. 31, 2023 /PRNewswire/ -- Today, Indico Data, the intelligent intake company announced Indico 6, a major release of its AI-power Intelligent Intake solution. Indico 6 addresses the growing need for carriers to pivot from mere data-driven insights to actionable, outcome-focused decisions. The insurance industry is grappling with optimizing underwriting profits, minimizing claim costs, and enhancing customer satisfaction. Indico 6 is purpose built to enable carriers to address these challenges head-on.

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BOSTON, Oct. 31, 2023 /PRNewswire/ -- Today, Indico Data, the intelligent intake company announced Indico 6, a major release of its AI-power Intelligent Intake solution.
Indico 6 addresses the growing need for carriers to pivot from mere data-driven insights to actionable, outcome-focused decisions.
The insurance industry is grappling with optimizing underwriting profits, minimizing claim costs, and enhancing customer satisfaction.
"Indico 6 is another major advance in our focus of enabling carriers to have access to better data to drive better decisions."

Quantiphi Named a 2023 ACORD Implementation Excellence Award Winner

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Wednesday, October 25, 2023

Financial services, Synthetic media, Organization, Generative, Software, Multimedia, AI, Software as a service, Pharmaceutical industry, ACORD, Insurance, Service

MARLBOROUGH, Mass., Oct. 25, 2023 /PRNewswire-PRWeb/ -- Quantiphi, an award-winning, AI-first digital engineering services and platform company today announced it has received the prestigious ACORD Implementation Excellence Award 2023 for its commitment to innovation and excellence in the insurance and financial services sector through its product Dociphi.

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Quantiphi has received the ACORD Implementation Excellence Award 2023 for its commitment to innovation and excellence in the insurance and financial services sector.
MARLBOROUGH, Mass., Oct. 25, 2023 /PRNewswire-PRWeb/ -- Quantiphi , an award-winning, AI-first digital engineering services and platform company today announced it has received the prestigious ACORD Implementation Excellence Award 2023 for its commitment to innovation and excellence in the insurance and financial services sector through its product Dociphi .
"This award is a testament to Dociphi' s exceptional coverage of ACORD Forms and its AI-led implementation capabilities," Kalita said.
"With this award, Quantiphi has cemented its place among the distinguished ACORD Trusted Implementation Partners," Gautam said.

Deborah Dioguardi Receives the ACORD Women's Insurance Advancement Award

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Thursday, October 19, 2023

Insurance, Woman, Growth, Organization, Dioguardi, Nursing, ACORD

NEW YORK, Oct. 19, 2023 /PRNewswire-PRWeb/ -- Deborah Dioguardi, Jencap National Practice Leader for Professional Lines, has been selected as an ACORD (Association for Cooperative Operations Research and Development) Women's Insurance Advancement Award winner. This award is presented to professionals who have made outstanding contributions to the advancement of women in the insurance industry.

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NEW YORK, Oct. 19, 2023 /PRNewswire-PRWeb/ -- Deborah Dioguardi, Jencap National Practice Leader for Professional Lines, has been selected as an ACORD (Association for Cooperative Operations Research and Development) Women's Insurance Advancement Award winner.
This award is presented to professionals who have made outstanding contributions to the advancement of women in the insurance industry.
"Deborah is worthy of this prestigious recognition for her incredible contributions to supporting the growth and advancement of women within the insurance industry."
Dioguardi will be recognized for this award at ACORD Connect 2023 during tonight's ACORD Awards ceremony.

ACORD Transcriber Recognized as 2023 PropertyCasualty360 Insurance Luminary

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Tuesday, October 3, 2023

Insurance, ACORD, NU, P&C, Research, Organization, ADEPT, Transcriber, National Medal of Technology and Innovation

NEW YORK, Oct. 3, 2023 /PRNewswire/ -- ACORD Transcriber, the intelligent document processing tool built by ACORD Solutions Group, the provider of solutions for standardized data exchange through the global (re)insurance industry, has been selected as an honoree for Technology Innovation in the 2023 PropertyCasualty360 Insurance Luminaries Awards.

Key Points:

NEW YORK, Oct. 3, 2023 /PRNewswire/ -- ACORD Transcriber , the intelligent document processing tool built by ACORD Solutions Group , the provider of solutions for standardized data exchange through the global (re)insurance industry, has been selected as an honoree for Technology Innovation in the 2023 PropertyCasualty360 Insurance Luminaries Awards.
ACORD Transcriber automates the extraction, download, and population of data in structured and unstructured insurance industry forms and documents.
We are proud to provide capabilities like ACORD Transcriber that deliver tangible results and advance the digitalization of our industry."
ACORD Solutions Group's ADEPT (ACORD Data Exchange Platform and Translator) received a similar commendation from PropertyCasualty360 in 2021.

ACORD Connect 2023 will bring together insurance industry thought leaders to discuss the latest developments in digital data exchange and global interconnectivity

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Monday, September 25, 2023

Insurance, Matcham, International, IUA, AXA, EY, Lloyd's of London, DXC, Swiss Re, International Underwriting Association, DDEX, Digital, Metropolitan Cattle Market, Management, ACORD, Architecture

LONDON, Sept. 25, 2023 /PRNewswire/ -- ACORD, the standards-setting body for the global insurance industry, will hold its annual conference, ACORD Connect, on Thursday, October 19. Registration is open for the virtual conference, to be presented with this year's hosting member, the International Underwriting Association of London (IUA).

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ACORD Connect offers sessions on the latest developments in digital data exchange and global connectivity, and provides valuable insights related to ACORD Standards and Architecture.
Attendees will hear from thought leaders and key influencers from across the global insurance industry, including representatives from Aon, AXA XL, DXC, EY, Lloyd's, and Swiss Re.
"This is an exciting time of progress towards global interoperability and data exchange in the London Market.
Please reserve your spot for the in-person ACORD Connect London event by Tuesday, October 10.

ACORD Releases Implementation Toolkit for New Contract, Risk, and Pre-Accounting Data Standard

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Monday, September 4, 2023

LONDON, Sept. 4, 2023 /PRNewswire/ -- ACORD, the standards-setting body for the global insurance industry, today announced the publication of the ACORD GRLC Contract, Risk, and Pre-Accounting (CRP) Implementation Toolkit, a new data messaging standard to facilitate the efficient exchange of insurance data. The CRP Standard was developed to streamline the flow of contract information among industry stakeholders, and support modernisation initiatives in the London Market. The CRP Standard was formally approved by the ACORD Global Reinsurance & Large Commercial Program Advisory Council in late August.

Key Points:

The CRP Standard was formally approved by the ACORD Global Reinsurance & Large Commercial Program Advisory Council in late August.
The ACORD CRP Standard, an integral component of the ACORD Global Reinsurance & Large Commercial (GRLC) Standards, is fully aligned to the Core Data Record (CDR) v3.2.
The ACORD GRLC CRP Implementation Toolkit contains assets to support consistent integration of the CRP messaging standard across industry organizations, including JSON and API specifications, as well as resources for XML implementation.
To download the Implementation Toolkit, or for more information on the ACORD Global Reinsurance & Large Commercial Standards, please visit www.acord.org/grlc .

Trawick Insurance Brokerage Live on the Nexsure Insurance Platform

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Tuesday, August 29, 2023

Insurance, Operation, ACORD, Marketing, Personal, Business, AL, SIAA, AIA, Automation

BOSTON, Aug. 29, 2023 /PRNewswire/ -- XDimensional Technologies (XDTI), a leading insurance technology provider, announced today that Mobile, AL-based Trawick Insurance Brokerage, a member of the Alabama Insurance Alliance (AIA), a master agency for the Strategic Insurance Agency Alliance (SIAA), is live on the Nexsure Insurance Platform. The platform will enable the agency to expand and grow its business.

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BOSTON, Aug. 29, 2023 /PRNewswire/ -- XDimensional Technologies (XDTI), a leading insurance technology provider, announced today that Mobile, AL-based Trawick Insurance Brokerage, a member of the Alabama Insurance Alliance (AIA) , a master agency for the Strategic Insurance Agency Alliance (SIAA) , is live on the Nexsure Insurance Platform .
Trawick Insurance Brokerage offers its clients Business, Marine, and Personal Insurance products, focusing on high-value coastal property and all types of marine contractors.
Before moving to the Nexsure Insurance Platform, the agency was using an older agency management system that no longer served the needs of its business.
"Our team enjoyed partnering with the Trawick Insurance Brokerage to launch Nexsure," said Krystin Turner, Vice President of Operations at XDimensional Technologies.

Web Connectivity Limited Partners with Insurity to Further Expand its Sure Underwriting Solution to the London Market

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Tuesday, August 15, 2023

Apps, Applications, Technology, Mobile, Wireless, Insurance, Payments, Professional Services, Software, Networks, Data Management, Web, WCL, MGA, Partnership, Metropolitan Cattle Market, ACORD, Zywave, Centre for Study of Insurance Operations

This partnership will empower carriers, brokers, and syndicates to leverage Insurity's Sure Underwriting platform while expanding access to tools related to London Market insurance operations by adding a London Market messaging function.

Key Points:

This partnership will empower carriers, brokers, and syndicates to leverage Insurity's Sure Underwriting platform while expanding access to tools related to London Market insurance operations by adding a London Market messaging function.
Sure Underwriting recently became available for insurance organisations in the London Market.
"Our partnership with Insurity allows us to offer a variety of interconnected solutions through collaborations and integrations," said James Willison, Managing Director at Web Connectivity Limited.
To learn more about Insurity's partnership with Web Connectivity Limited, please contact Elizabeth Hutchinson at [email protected] .