Global Aerospace Leverages ADEPT to Connect with Brokers Worldwide
LONDON, UK, – Global Aerospace, a leading provider of aerospace insurance, announced today that it will leverage ACORD Solutions Group’s ADEPT to transact with the global broker community.
Built by ACORD Solutions Group, the provider of solutions for standardised data exchange throughout the global (re)insurance industry, ADEPT (ACORD Data Exchange Platform and Translator) enables real-time data exchange, translation, and transformation, and connects stakeholders across the insurance industry. Global Aerospace will utilise ADEPT for its Global Reinsurance and Large Commercial (GRLC) use case to receive standardised accounting data from brokers.
ADEPT’s capabilities will also enable Global Aerospace to receive GRLC-standardised accounting (EBOT) and claims (ECOT) messages from brokers across the London Market Bureau.
“Global Aerospace is committed to advancing innovation and collaboration in the aviation industry, integrating capabilities that help connect our clients and partners around the world,” said Mike Ashton, Chief Data & Applications Officer Europe, Global Aerospace. “ADEPT allows us to quickly and easily engage with stakeholders and will be key as we continue to evolve and modernise with the industry.”
“Global Aerospace’s near-century of experience in servicing the aviation industry makes them a key partner in enabling streamlined data exchange for insurers in this space,” said Chris Newman, Executive Vice President and Global Managing Director, ACORD. “We’re delighted to collaborate with Global Aerospace and drive significant cost savings, enhanced user experience, and superior functionality for stakeholders across the industry.”