ACORD New Member Spotlight: Outmarket

ACORD recognizes new member Outmarket, whose AI-powered platform extracts data from insurance documents and populates ACORD Forms.

Outmarket ingests documents from agency management systems, PDFs, emails and other sources, then uses insurance-specific AI to extract, standardize, and analyze the data. As a member of ACORD’s Solution Provider Standards and Forms programs, Outmarket ensures its platform is aligned with the industry’s trusted framework for data exchange.

A key focus is helping brokers and agencies use ACORD Forms efficiently — supporting policy review, proposal generation, coverage analysis, quote comparison, and ACORD Forms completion while fitting into existing workflows.

"Automation is only as trustworthy as the standards beneath it," said Vishal Sankhla, Founder & CEO of Outmarket. "Every workflow we automate speaks the common language that agents, brokers, and carriers have trusted for over 50 years. This means faster, more accurate, audit-ready outcomes for our clients, and cleaner data flowing across the entire industry."

By using ACORD Standards and Forms as the foundation for automation, Outmarket is making insurance data more consistent, reusable, and easier to exchange across systems — while demonstrating what’s possible when technology providers get together with brokers, agents, and ACORD to make sure we’re all speaking the same language.

The ACORD Member Spotlight series highlights organizations actively engaging with the ACORD community and innovating through industry collaboration.

ACORD currently engages more than 36,000 participating organizations spanning over 100 countries, including insurance and reinsurance companies, agents and brokers, software providers, financial services organizations, and industry associations. Take a look at our list of members at acord.org/directory.