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

Learn About openIDS

openIDL Introduces Open Insurance Data Standards (openIDS)

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. To address this, the American Association of Insurance Services (AAIS) proposes making its data model architecture open-source, enabling cost-free, industry-wide adoption and improving efficiency.

Download openIDS Whitepaper

Participate

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.

Learn more about the Open Governance Model and Open Source.

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.

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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.

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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.

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Support OpenIDL

openIDL would not exist without the support of the member organizations listed below. Learn more about how your company or organization can participate.

For any existing members who require assistance, please visit our Member Support desk.

Get immersed in the community and contribute to the codebases

If you are interested in getting involved with openIDL, please consider this your invitation. We welcome contributions and are happy to welcome you into the community. There are a few ways to participate, check out the links below for more details and please be sure to follow our Linux Foundation Code of Conduct when participating.

New to Open Source? Here are some guides that can help you get acquainted with how to work collaboratively in open source communities.

Mailing Lists

Slack

GitHub

Wiki

OpenIDS Working Group

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