AUSTIN, TX, October 9, 2025 — Advanze, a leading digital transformation company for P&C insurance carriers, will harness ACORD Transcriber, ACORD Solutions Group’s AI-enabled solution for intelligent document processing, to extract data from from ACORD Forms into client-specific downstream system formats.
By leveraging ACORD Transcriber, along with its fully integrated ACORD Converter tool for data transformation, Advanze will deliver much-needed efficiencies to the North American P&C insurance market, where manual data entry and fragmented systems have long hindered speed and accuracy. Automated extraction and transformation of data will enable Advanze to streamline insurance workflows for its clients, particularly the submission intake process.
"Our collaboration with Advanze brings together deep domain expertise and cutting-edge automation to help insurers work smarter, faster, and more securely," said Chris Newman, CEO of ACORD Solutions Group.
Advanze’s insurtech solutions, like its AI-driven platform Acordify, are built to bridge operational gaps and modernize legacy systems.
"At Advanze, we believe the future of insurance lies in the convergence of global standards and emerging technologies," said Amol Gupta, Co-Founder and Managing Director of Advanze. "Partnering with ACORD Solutions Group is a natural extension of our journey, from building solutions like Acordify to helping insurers worldwide adopt innovation driven by standards. While we have been specializing in North America, this collaboration enables us to also standardize our products for APAC and EMEA, shaping a more connected and future ready insurance industry."
About Advanze
Advanze is a digital transformation partner for P&C insurers and intermediaries, leveraging AI, RPA, and proprietary insurance toolkits to modernize operations and accelerate efficiency. With deep domain expertise and startup agility, Advanze empowers carriers to automate workflows, enhance data accuracy, and achieve smarter, faster outcomes across underwriting, policy, claims and other critical business functions.