ACORD Solutions Group’s Post

ACORD Solutions Group today announced that TransRe will expand its use of ADEPT, utilizing a new AI model trained around Oak Tree Proportional Treaty Statement Closing document formats. ADEPT’s AI models help enable the seamless extraction, translation, and orchestration of data into ACORD Global Reinsurance and Large Commercial (GRLC) messages from nondigitally enabled brokers and cedents. Through its expanded use of ADEPT's new AI model built around Oak Tree Proportional Treaty Statement Closing document formats, TransRe can facilitate further ACORD Standard communication with more of its broker and cedent trading partners. TransRe uses ADEPT to automatically convert certain non-standardized accounting and claim documents into validated ACORD GRLC messages, driving the efficient flow of data into TransRe’s proprietary reinsurance system, the TransRe International Reinsurance System (TIRS). If you're still manually rekeying accounting and claim documents, reach out for more info on improving your operational efficiency: https://lnkd.in/eESqZMFf

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Bill Pieroni

Chief Executive Officer of ACORD

1mo

ACORD Solutions Group welcomes TransRe to our community.

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