DataPro Corporation Expands Partnership with ACORD Solutions Group to be ACORD GRLC-Enabled

28 Jun

LONDON, UK, June 28, 2023 – DataPro Corporation, a broking software provider for the global specialty and reinsurance industry, announced today that it is ADEPT Certified, enabling its broking clients to send digital accounting (EBOT) and claims (ECOT) transactions, extending its partnership with ACORD Solutions Group, the provider of solutions for standardised data exchange through the global (re)insurance industry.

ADEPT (ACORD Data Exchange Platform and Translator) enables real-time data exchange, translation, and transformation, and links stakeholders across the insurance industry. DataPro has extended its implementation of ACORD Solutions Group data exchange services within its RiskPro broking Policy Administration Solution beyond traditional Accounting & Settlement (A&S) and Electronic Claim File (ECF) messages. Through ADEPT, DataPro broker clients are now enabled to send digital accounting (EBOT) and claims (ECOT) messages, based on ACORD Global Reinsurance and Large Commercial (GRLC) Standards, to partners leveraging Lloyd’s Blueprint Two Fully Digital Services.

ADEPT also supports DataPro’s global broker clients operating outside the London Market Bureau, allowing them to transact with other ACORD GRLC-enabled partners around the world, including between stakeholders in the Ruschlikon community.

“ACORD Solutions Group has been a partner of DataPro Corporation for many years and has been a vital part of the electronic services that we are able to offer our clients,” said Darren Stoppler, Director of DataPro Corporation. “The ADEPT platform is the ideal gateway into the digital services world and a big step forward for full market adoption and digitisation.”

“DataPro has been a partner of ACORD Solutions Group for many years, and we are delighted to continue working with DataPro to support its clients across the industry,” said Chris Newman, Executive Vice President and Global Managing Director, ACORD. “This latest integration with ADEPT will be a key initiative in connecting more industry participants and driving digitalisation throughout the global insurance ecosystem.”

ACORD Solutions Group

ACORD (Association for Cooperative Operations Research and Development) is the global standards-setting body for the insurance and related financial services industries. ACORD facilitates fast, accurate data exchange, and efficient workflows through the development of electronic standards, standardized forms, and tools to support their use. ACORD members worldwide include hundreds of insurance and reinsurance companies, agents and brokers, software providers, financial services organizations and industry associations. ACORD maintains offices in New York and London.

Since 1970, ACORD has been an industry leader in identifying ways to help its members make improvements across the insurance value chain. Implementing ACORD Standards improves data quality and flow, increase efficiency, and realize billion-dollar savings to the global insurance industry.

ACORD engages more than 36,000 participating organizations spanning 100 countries, including insurance and reinsurance companies, agents and brokers, software providers, financial services organizations and industry associations. With the tools and resources provided by ACORD, our members are equipped to address current business and technology imperatives while influencing and shaping the future.

https://www.acordsolutions.com/