ACORD Transcriber Expands AI-Enabled Features for Intelligent Document Processing

Anthony R. O’Donnell // November 2, 2023

(Image source: ACORD Solutions Group.)

ACORD Solutions Group (Pearl River, New York), a provider of next-generation digital solutions for the global insurance industry, has announced the launch of extended capabilities in ACORD Transcriber, a widely used tool that enables digitalization and automation of data processing from insurance forms and other documents. These AI-based capabilities facilitate data extraction from both structured and unstructured document formats, including submissions, contracts, invoices, endorsements, loss runs, market reform contracts (MRCs), schedules of value (SOVs), declaration pages, and more, according to an ACORD Solutions Group statement

The

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