ENGLEWOOD, NJ, March 20, 2025 — iBynd, a commercial insurance platform that allows brokers to rate, quote, and bind policies in real time, today announced that it will integrate ACORD Transcriber into its solutions to enable clients to easily extract data from ACORD Forms. This partnership will help reduce manual re-keying efforts and improve data extraction capabilities.
ACORD Transcriber is an intelligent document processing solution that automates data extraction and population from any structured or unstructured insurance document. iBynd will leverage ACORD Transcriber to enable its clients to digitally extract and populate data from ACORD Forms into their respective downstream systems, regardless of their scale or digital sophistication. With this integration, iBynd will help its users optimize data accuracy by automating previously labor-intensive tasks and streamlining digital capabilities.
“Today’s commercial insurance customers demand quick delivery of trusted coverage, and agents need ways to give them what they want,” said Phil Friedman, CEO of iBynd. “By partnering with ACORD Solutions Group, the industry authority on insurance forms, iBynd empowers agents with yet another strong tool to deliver a rate, quote, online bind, and certificate of insurance in under 5 minutes from top rated, dependable insurance carriers.”
“We are pleased to help facilitate the seamless processing of insurance documents and ACORD Forms for iBynd’s client community, further enabling efficiency and accuracy within the insurance technology space,” said Chris Newman, President International, ACORD Solutions Group. “This partnership with iBynd marks a key step towards enhancing digitalization across the industry.”
About iBynd
iBynd is an insurance technology company licensed in 50 states. With a strong technical backbone, marketing experience and proprietary distribution solutions, iBynd makes it easy and fast to rate, quote and bind insurance online in real-time, delivering "A" rated insurance and peace of mind to clients and customers. The company was created by passionate insurance professionals, engineers, and marketing executives with one goal in mind: to combine insurance and technology to deliver a dynamic product that truly protects customers. Follow iBynd at linkedin.com/company/ibynd/.