Insurance provider Global Aerospace has selected Acord Solutions Group’s ADEPT data-exchange platform to transact with the global broker community. Acord develops tools to provide for standardized data exchange throughout the global insurance/reinsurance industry. Adept (Acord Data Exchange Platform and Translator) enables real-time data exchange, connecting stakeholders across the insurance industry.

New Jersey-based Global Aerospace said it will use the platform for its Global Reinsurance and Large Commercial business to receive standardized accounting data and claims messages from brokers.

“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, the company’s chief data and applications officer for Europe. “Adept allows us to quickly and easily engage with stakeholders and will be key as we continue to evolve and modernize 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,” added Chris Newman, executive v-p and global managing director for Acord.