Establishing the Open Data Standards that Enable Smarter, Faster Innovation for Insurance Stakeholders.

openIDL launches First-Ever Free and Open Production-Ready Insurance Data Standard

openIDS Homeowners Standard v.1.0

Developed through the openIDS Data Standards Working Group (DSWG) Homeowners Workstream, the openIDS Homeowners Standard v.1.0 introduces a consistent framework for capturing and exchanging property risk data. With this standard, insurers, regulators, and ecosystem partners can streamline compliance reporting, reduce data friction, and unlock opportunities for innovation and digital transformation across the insurance value chain.

Read the Announcement

Open Insurance Data Standards (openIDS) by openIDL

Data is essential in the property and casualty (P&C) insurance industry, driving risk assessment, pricing, and innovation.

However, the lack of common data standards leads to billions in annual costs for translation and reporting. This hampers collaboration with regulators and delays effective legislation. Open Insurance Data Standards enables cost-free, industry-wide adoption and improves efficiency.

Get openIDL's openIDS (open Insurance Data Standards)

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OpenIDS Data Standards Working Group (DSWG)
- Homeowners Workstream
- Core Model Workstream

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OpenIDS Working Group