LONDON, UK, March 3, 2021 – IT Claims, Document and Workflow Management solution provider DOCOsoft Systems Solutions Ltd today announced it is joining the Licensed Integrator Partner program of ACORD Solutions Group, the industry-owned extension of global insurance standards-setting body ACORD, founded to enable efficient digital data exchange throughout the insurance ecosystem.
DOCOsoft, a leading-edge partner for claims management, document management and workflow management for over 20 years, will principally focus on supporting ASG to design and deliver global Claims connectivity powered by ADEPT (the ACORD Data Exchange Platform & Translator) to facilitate expansion of inbound and outbound London Market Claims messaging for clients using DOCOsoft’s software solutions.
DOCOsoft, like ACORD Solutions Group, is a market-driven company focussed on harnessing technology and standards to aid stakeholders in achieving market modernisation. DOCOsoft has been a long-standing partner and advocate for ACORD Data Standards and the ACORD community; with the introduction of the Licensed Integrator Partner program, this collaboration will expand into technological enablement for the industry.
Aidan O’Neill, CEO of DOCOsoft, said, “ACORD has a commitment to enabling efficient data exchange throughout the global insurance ecosystem, which can only be enhanced through working with claims tech service providers like DOCOsoft, which now counts 23 Tier 1 Lloyd’s of London carriers on its global client roster. Data standards are critical to the London Market and global markets. The fact that ACORD has been able to work with both Lloyd’s and PPL so quickly to connect brokers and carriers is testament to their global influence and bodes well for the development of claims data standards in a post ECF world. We very much hope to assist ACORD members in their use of the available claims technologies in a way that continues to provide the highest level of service to their clients. ACORD offers the only truly cross-market international body to manage data standards and we look forward to working more closely with them in the claims arena.”
“We are delighted to welcome DOCOsoft into the Licensed Integrator Partner program,” said Chris Newman, Managing Director – Global, ACORD. “DOCOsoft has a very rich and deep understanding of the London Market Claims market, and they have long been ambassadors of the benefits of ACORD Data Standards. Their support and input into the strategic roadmap of the ACORD Solutions Group assets are very important for the London Market, helping to maximise the success of forward-looking initiatives led by the Future at Lloyd’s”.