openIDL (open Insurance Data Link) is an open blockchain network that streamlines regulatory reporting and provides new insights for insurers, while enhancing timeliness, accuracy, and value for regulators. openIDL is the first open blockchain platform that enables the efficient, secure, and permissioned-based collection and sharing of statistical data.
FOR INSURANCE CARRIERS
openIDL blockchain streamlines the time-consuming and expensive regulatory and compliance requirements carriers experience today, to create operational efficiency, flexibility, interoperability, and product development opportunities.
FOR INSURANCE REGULATORS
With access to timely and accurate information, regulators receive more holistic and dynamic reporting as well as valuable and relevant insights into exposures, market activity, and trends.
FOR THE INSURANCE INDUSTRY
Establishing and maintaining an agnostic openIDL network, providing efficient mechanisms for participation by carriers and organizations of every size and configuration, including other blockchain consortia, platforms, and applications.