Acord adds treaty placement to Adept’s data exchange functions
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Acord adds treaty placement to Adept’s data exchange functions

Samuel Casey
21 March 2022
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Acord Solutions Group has launched a new data exchange capability for reinsurance treaty contract placement through its Adept trading platform, with the intention of eradicating the need to manually re-key data.

The subsidiary of data standards body Acord said that most treaty contracts are currently managed through email or broker portals, and that in both cases, reinsurers lacked the ability to integrate the data seamlessly into their core systems, meaning...

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News London market Reinsurers Brokers InsurTech
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Samuel Casey
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