Insurance technology news from TransRe, Cognizant, CFM Insurance and more. (Credit: Sergey Nivens/Shutterstock)
TransRe utilized new AI models in ACORD Solutions Group's data exchange platform ADEPT, which are built around various broker and cedent accounting and claim document formats. TransRe will utilize AI models in ADEPT and its integrated ACORD Transcriber data extraction service to receive ACORD Global Reinsurance and Large Commercial (GRLC) messages from nondigitally enabled brokers and cedents. The models are part of ADEPT's full library of more than 50 AI models, which were created to support the digitization of data from a range of document formats exchanged between (re)insurance stakeholders.
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