Chris Newman Appointed as CEO of ACORD Solutions Group
Newman brings a proven track record of fostering a collaborative and cohesive insurance technology ecosystem.
Amidst a commitment to enhancing interoperability in the insurance sector, Chris Newman has been selected by ACORD's Board of Directors to lead ACORD Solutions Group (ASG) as its new Chief Executive Officer. With an emphasis on enterprise-class solutions, ACORD Solutions Group aims to streamline the speed, cost, and precision of data exchange, thus improving connections among stakeholders worldwide.
A Vision for Enhanced Data Exchange
Formed in 2016, ACORD Solutions Group serves as an industry-owned extension of ACORD, recognized as the standards-setting organization for global insurance. The group has diligently worked to help members tackle significant technological challenges, by providing innovative digital solutions and services. Newman's journey with ACORD Solutions Group began from its inception, where he played a crucial role in building collaborative partnerships and promoting substantial growth. Recently, the organization celebrated a significant milestone by welcoming its 250th client and reported a remarkable 300% rise in digital transactions from 2023 to 2025.
Leadership That Drives Transformation
Robert Kelly AM, Chair of the ACORD Board, expressed confidence in Newman's capabilities: "Chris's leadership, strategic vision, and proven track record make him exceptionally well suited to guide ASG through its next chapter." During his previous role as President International of ACORD, Newman propelled the expansion and reach of both ACORD and ACORD Solutions Group, significantly impacting digital transformation initiatives across the insurance landscape.
Key Initiatives and Strategic Programs
Under Newman's guidance, several key initiatives emerged:
- Established the ACORD London Advisory Board and the ACORD Global Advisory Council, which synchronize member needs while promoting effective data exchange.
- Launched the ASG Licensed Integrator Partner program, connecting over 60 global solution providers to foster innovation and enhance integration.
- Developed the ADEPT (ACORD Data Exchange Platform & Translator) to facilitate seamless data exchanges among brokers and carriers.
- Drove the adoption of ACORD Data Standards, enhancing the industry-wide use of automated transformation solutions through collaboration with partners like DXC and Verisk.
- Established ADEPT Global Hubs across major markets to create essential partnerships and drive development.
- Represented the ACORD community in critical discussions about data standardization in the London Market.
Commitment to Building a Collaborative Ecosystem
Newman shared his excitement about leading ACORD Solutions Group, stating, "I am honored to lead ACORD Solutions Group as we build the future of digital data exchange for the global insurance industry. Our world-class team is poised to redefine standards for connectivity and collaboration, empowering the ACORD community of over 36,000 organizations to achieve greater efficiency and innovation worldwide."
Bringing extensive global experience, Newman has a background in (re)insurance operations across diverse markets, including significant expansions in North America, Latin America, Asia, and the Middle East. His previous roles equipped him with the expertise to drive rapid growth within both large organizations and emerging tech startups.
Driving Change Through Innovation
As ACORD Solutions Group aims to transform the industry's future, it is essential to create a seamless, secure ecosystem where insurers, brokers, agents, and vendors can effortlessly work together. Newman emphasized the importance of interoperability, stating, "As CEO, I see ACORD Solutions Group playing a key role in enabling interoperability through our innovative data exchange solutions that empower the entire insurance community."
About ACORD Solutions Group
ACORD Solutions Group was created to address critical challenges within the industry by developing next-generation digital solutions and services. Our focus is on optimizing the speed, cost, and accuracy of data exchange, regardless of stakeholders’ geographical or technological barriers. ACORD Solutions Group is an integral extension of ACORD, the recognized standards-setting authority for the global insurance sector. For more information, visit www.acordsolutions.com.
Contact: Beth Jarecki
Omnia Paratus
Contact via email for inquiries.
Frequently Asked Questions
Who is Chris Newman?
Chris Newman is the newly appointed CEO of ACORD Solutions Group, known for his leadership in enhancing interoperability in the insurance sector.
What is ACORD Solutions Group?
ACORD Solutions Group provides digital data exchange solutions to optimize efficiency and collaboration in the insurance industry.
What are Newman’s goals as CEO?
Newman aims to enhance data exchange, connectivity, and collaboration within the global insurance community.
What recent accomplishments has ACORD Solutions Group achieved?
The organization recently welcomed its 250th client and reported a 300% increase in digital transactions.
How does ACORD Solutions Group benefit the insurance industry?
ACORD Solutions Group delivers enterprise-class solutions that streamline data exchange, thus improving operational efficiencies across the insurance sector.
