“From the very beginning, we recognized the enormous transformative potential for openIDL and distributed ledger technology,” said “We are happy to work with the Linux Foundation to help affect meaningful, positive changes for the insurance ecosystem.”Ed Kelly, Chief Executive Officer of AAIS
“We’re delighted to join openIDL with AAIS and the Linux Foundation. It is strategically important for Selective to be part of industry efforts to innovate our regulatory reporting and use distributed ledgers.”Michael H. Lanza, Executive Vice President, General Counsel & Chief Compliance Officer of Selective Insurance Group, Inc.
“Chainyard is pleased to join the OpenIDL initiative as an infrastructure member. Blockchain is a team sport and with the openIDL platform, companies, regulators and vendors are forming an ecosystem to collaborate on common issues for the betterment of the insurance industry. The entire industry will benefit through more accurate data and better decision making.”Isaac Kunkel, Senior Vice President Consulting Services, Chainyard
"The openIDL platform will serve to increase access to state of the art catastrophe modelling data from KatRisk and others, serving to reduce the friction required to house and run said models. KatRisk expects all parties, from direct insurance entities to regulators, to see an increase in data quality, reliability and ease of access as catastrophe modelling output is effectively streamed across OpenIDL nodes to generate automated reports and add to or create internal business intelligence databases. If catastrophe models are about owning your own risk, then the OpenIDL platform is an effective tool to better understand and manage that risk."Brandon Katz, Executive Vice President, KatRisk
"The Mobility Open Blockchain Initiative (MOBI) is delighted to join with the Linux Foundation, AAIS, and insurance industry leaders in founding OpenIDL. Data sharing and digital collaboration in business ecosystems via industry consortium ledgers like OpenIDL will drive competitive advantage for many years to come."Chris Ballinger, Founder and Chief Executive Officer, MOBI