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maemalynn

openIDL’s Homeowners Workstream: Building the Foundation for Better Data

By Blog

Earlier this week, openIDL took a significant step toward modernizing how the insurance industry collaborates around homeowners data. We officially launched the Homeowners Workstream, an initiative focused on developing a resilient, flexible data standard that supports smarter reporting, analysis, and regulatory transparency — all while preserving privacy and control for participating insurers.

The kickoff featured a presentation by Rob Clark, President and CEO of Cloverleaf Analytics, who laid the groundwork for what will become the foundation of a standardized approach to homeowners insurance data. The team is moving quickly but thoughtfully to translate the flexible model into a usable data standard for homeowners reporting.

From Concept to Reality: A Future-Proof Homeowners Data Standard

Rob’s presentation walked the group through the initial structure of the homeowners data model — a framework designed to be:

  • Resilient, adapting to changing regulatory requirements and market conditions

  • Flexible, so it can serve both insurers’ internal analytics and external data calls

  • Privacy-preserving, in line with openIDL’s distributed architecture

  • Interoperable, with other industry standards and reporting frameworks

Work on this continues with our next call on Monday, August 4 at 2pm ET — open to anyone who wants to join the effort – click here to access the Zoom link. 

Check out the resources: 

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