NEWS
ACORD Solutions Group reports more than 300 % increase in reinsurance digital transactions
a significant increase in global reinsurance digital transactions through its ADEPT software, with a 73 % increase from 2024 to 2025, representing more than a 300 % increase since 2023.
ADEPT( ACORD Data Exchange Platform and Translator) enables the seamless exchange of placing, accounting and claims data with stakeholders across the global insurance ecosystem, at all levels of digital enablement. ADEPT messaging is fully compliant with the ACORD Global Reinsurance & Large Commercial( GRLC) Standards, allowing( re) insurance organisations to digitally exchange messages, with significant savings in time, cost and manual effort.
“ Reinsurers have long been at the vanguard of digitalisation,” said Chris Newman, President International, ACORD Solutions Group.“ The growth in digital reinsurance transactions reflects the strength of the current reinsurance market and the industry’ s clear vision of connecting international markets in a way that supports seamless collaboration and drives innovation.”
ACORD Solutions Group, the leading provider of next-generation digital solutions for the global insurance industry, reported
The ACORD GRLC Standards community has reported that using ADEPT has resulted in an 80 % improvement in data quality, 60 % reduction in manual effort and 50 % reduction in turnaround time to process claim transactions.
Lyca Mobile boosts growth in Portugal with a focus on digital innovation
Lyca Mobile, the world’ s largest mobile virtual network operator, has reinforced its position in the Portuguese market in the second quarter of 2025, maintaining a steady pace of growth and strengthening the trust of Portuguese consumers.
Lyca Mobile’ s performance during this period reflects the success of its strategy focused on digital innovation, ongoing investment in specialised teams, and its commitment to operational excellence. The company has been strengthening its presence through increasingly digital solutions, centred on simplicity, flexibility and adaptation to the needs of a demanding and connected audience.
During the second quarter, Lyca Mobile launched a new phase of communication for its Lyca Boss plans, once again reinforcing its commitment to simplicity and freedom.
This approach translates into an even more intuitive consumer experience, with campaigns that highlight ease of subscription, flexible tariffs and the absence of complications or binding contracts. The brand continues to invest in innovative digital content and a stronger presence across major online channels, bringing it closer to customers and responding to their needs in a transparent and personalised way.
António Arnaut, Country Manager, Portugal, at Lyca Mobile, said:“ Our growing market share demonstrates that consumers continue to choose Lyca Mobile for its ability to innovate and respond swiftly to their expectations. We are strongly committed to digital and to developing our teams, to ensure an increasingly personalised and efficient experience.” p
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