LONDON, UK, September 19, 2024 — RDT, a leading provider of insurance software solutions in the UK, today announced that it has joined ACORD Solutions Group’s Licensed Integrator Partner (LIP) Program.
The Licensed Integrator Partner program is made up of solution and service providers alongside other stakeholders working to drive market-wide adoption of capabilities that modernize the global insurance industry. By joining the LIP program, RDT can connect with industry stakeholders, driving further innovation and global standardization across their solutions to help solve the complex challenges facing the general insurance industry.
RDT's cloud-native insurance solutions empower insurers to scale effortlessly while reducing IT overheads by accelerating processes through automation, integrating with legacy systems, and enhancing operational efficiency. RDT will use ACORD Transcriber, an intelligent document processing solution that automates data extraction and population from any structured or unstructured insurance document, alongside their proprietary claims automation system to improve efficiency and cut costs for carriers across any line of business. As a LIP member, RDT can drive digitalization across the UK general insurance market and continue to provide solutions that drive value and efficiency for its customers.
As a LIP member, RDT can operationalize ACORD Standards in their solutions. As the chosen standards for the market modernization project, Blueprint 2, RDT can efficiently leverage the widely used global standards to drive modernization for its clients across markets.
“RDT is thrilled to join the ACORD Solutions Group’s Licensed Integrator Partner community. This partnership underscores our commitment to driving innovation and standardization within the insurance industry,” said Joe O’Connor, Deputy CEO, RDT. “By aligning with ACORD's global standards, RDT is better equipped to deliver cutting-edge solutions that enhance interoperability, streamline processes, and ultimately provide greater value to our clients. We look forward to collaborating with other industry leaders to shape the future of insurance technology."
“ACORD is very excited in welcoming RDT as a leading UK General Insurance technology supplier into our global eco-system,” commented Chris Newman, President International, ACORD Solutions Group. “We look forward to enabling RDT’s further growth and expansion into new regions and markets, embracing standardization, and a new era of seamless data exchange within our global 36,0000-member ecosystem. RDT is renowned for being passionate about innovation, and their latest automation solutions will be of great interest to our community.”
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About RDT
We create some of the UK’s most widely used insurance software, serving a diverse client base, from industry giants to emerging disruptors. With an unwavering commitment to innovation, we have spearheaded advancements in automation across the entire insurance lifecycle, revolutionizing claims processing, policy management, and risk assessment on an international level. Our agile development approach ensures swift delivery of scalable products, fostering creativity and collaboration. Beyond mere service, we partner with our clients, guiding them through their technological journey to achieve business success. Through these alliances we shape the future of technology in the insurance industry, while driving the success of our clients and our passionate team.