ACORD Solutions Group — Insurance IDP Platform

Industry-owned intelligent document processing provider automating data extraction, exchange, and compliance workflows across the global insurance ecosystem.

Overview

ACORD Solutions Group (ASG) was formed in 2016 as an operational extension of ACORD, the standards-setting body for the global insurance industry since 1970. Where ACORD defines the data standards that insurers, brokers, and reinsurers use to communicate, ASG builds and operates the software that puts those standards to work. The company is industry-owned and member-driven, which shapes both its pricing model — solutions are offered at the lowest possible total cost of ownership — and its product roadmap, which is driven by member-identified gaps rather than commercial opportunity alone.

ASG's flagship product, ACORD Transcriber, handles AI-enabled extraction from structured and unstructured insurance documents. Its companion platform, ADEPT (ACORD Data Exchange Platform and Translator), automates the exchange of standardized ACORD transactions between carriers, brokers, and MGAs. Together, the two products address the full data lifecycle: liberating data from documents on one side, and routing it in standardized formats to downstream systems on the other. The company holds SOC 2 Type 2 certification, with Security, Availability, and Confidentiality controls independently audited.

Recent activity signals a deliberate push into enterprise integrations. In October 2024, ASG expanded its collaboration with Salesforce Financial Services Cloud, embedding ACORD Transcriber for U.S. property and casualty customers and ADEPT for global reinsurance and large commercial transactions. In June 2025, ASG partnered with mea Platform to connect mea's AI extraction capabilities directly to ADEPT's placing interface, enabling structured API-format data from digital placing transactions to flow into downstream systems aligned with ACORD's Global Reinsurance and Large Commercial (GRLC) Standards. By October 2025, ASG had added automated Sanctions Screening to ACORD Transcriber, integrating directly with LexisNexis to automate name and location verification against sanctions databases. The pattern across these three moves points to a consistent strategy: deepen the platform's reach by embedding it inside the tools insurers already use, rather than competing for standalone deployments.

How ACORD Solutions Group Processes Documents

ACORD Transcriber handles document classification and data extraction from both structured forms — such as ACORD P&C Forms — and unstructured documents including PDFs and Excel files. The AI-enabled extraction pipeline identifies and pulls key data fields, then populates target systems or routes the data for further processing. The platform supports automated online generation of ACORD forms in addition to extraction, covering both inbound and outbound document workflows.

The Sanctions Screening capability, added in October 2025, extends the extraction pipeline into compliance verification. After extracting names and locations from source documents, the platform dynamically maps the extracted entities to avoid false positives before sending them to a sanctions screening provider — LexisNexis by default, or a client's preferred vendor. CEO Chris Newman described the outcome as reducing compliance processes "from days to minutes." No independent benchmark figures have been published to verify this claim.

ADEPT operates as a separate but complementary layer, handling the translation and exchange of standardized ACORD transactions rather than raw document extraction. For organizations processing reinsurance and large commercial business, ADEPT functions as a one-to-many placing interface connecting carriers, brokers, and MGAs directly or via third-party placing platforms. The Salesforce and mea Platform integrations both route through ADEPT, suggesting ASG positions it as the connective tissue for standardized data exchange across the broader insurance ecosystem. For context on how extraction and exchange pipelines interact in insurance workflows, see the insurance document processing and classification capability pages.

Use Cases

Property and Casualty Insurance

Carriers and brokers processing U.S. P&C business use ACORD Transcriber to extract and populate data from ACORD P&C Forms, the standard document format across the segment. The Salesforce Financial Services Cloud integration embeds this capability directly inside the CRM workflows that P&C teams already use, removing the need for a separate extraction step. The practical effect is that submission and policy data moves from document to system without manual re-keying.

Reinsurance and Large Commercial

Reinsurers, brokers, and MGAs operating in the London Market and globally use ADEPT to exchange placing, accounting, and claims data in ACORD GRLC format. The mea Platform partnership extends this to organizations whose business arrives through traditional channels or digital placing platforms: regardless of how a submission enters the workflow, ADEPT normalizes it into structured, standards-aligned data for downstream ingestion. This positions ASG as relevant to London Market modernization initiatives, including Blueprint Two compliance.

Insurance Compliance

Organizations subject to sanctions screening requirements — a mandatory step in the highly regulated insurance industry — use ACORD Transcriber's Sanctions Screening service to automate what was previously a manual, error-prone process. Direct integration with LexisNexis and other screening providers ensures access to current databases, while dynamic entity mapping reduces false positives. The compliance use case is distinct from the extraction use case but runs on the same underlying platform, which lowers the integration burden for organizations already using ACORD Transcriber for document processing.

Technical Specifications

Resources

• Website
• ACORD Transcriber product page
• About ACORD Solutions Group
• Sanctions Screening launch press release
• Salesforce Financial Services Cloud partnership
• mea Platform partnership announcement

Company Information

New York, USA. Founded 2016 as an industry-owned extension of ACORD, the global insurance standards body. SOC 2 Type 2 certified. CEO: Chris Newman. No external funding disclosed; operates as a member-driven industry service.