Data Call

Report Highlights: openIDL Passes COVID-19 BI Data Call Test

Aug 24, 2021 / by Robin Westcott posted in openIDL, Data & Technology, Data Management/Distributed Ledger, COVID-19, Regulatory/Compliance, Blockchain, NAIC, Data Call, Business Interruption, AAIS Views


On Aug. 16, at the 2021 Summer National Association of Insurance Commissioners (NAIC) National Meeting, AAIS VP of Government Affairs, Legal & Compliance, Robin Westcott, presented the results of a Proof of Concept (POC) testing whether openIDL could support a COVID-19 Business Interruption Data call issued by the NAIC.

The meeting served as the kickoff for the openIDL Regulatory Reporting Steering Committee (RRSC). Ms. Westcott provided highlights from the positive findings set out in the report published by AAIS declaring that blockchain/distributed ledger technology had passed the test enroute to even broader applications across the industry.

Following is a summary of Ms. Westcott’s presentation:

Read More

Leveraging Open Source Technology: Obstacles and Opportunities

Mar 3, 2021 / by AAIS posted in openIDL, Community, Technology, Issues & Trends, Data & Technology, Data Management/Distributed Ledger, Open Source, Tech News, Insurtech, Regulatory/Compliance, Blockchain, Data, Innovation, AAIS Pulse, Data/Tech, Compliance, Travelers, Data Call, Linux Foundation, Hyperledger, AAIS Views


During the February 2021 AAIS Pulse newsmagazine, AAIS VP Truman Esmond was joined by Brian Behlendorf, Executive Director of Hyperledger, Brian Hoffman, Vice President State and Bureau Regulatory Affairs, at Travelers, and Arron Lamp, Vice President Enterprise Business Intelligence & Analytics & Operations, at Travelers, to discuss the obstacles and opportunities around leveraging open-source technology.

Read More

Open Source at Work: The COVID-19 Data Call

Jun 20, 2020 / by AAIS posted in openIDL, Community, Issues & Trends, Data & Technology, Insurance News/Current Events, Open Source, COVID-19, Insurtech, Regulatory/Compliance, Regulators, Travelers, Data Call, Business Interruption, The Hartford, AAIS Views


When the COVID-19 pandemic hit the United States, regulators quickly realized two problems. They would need to collect massive amounts of data and issue multiple data calls, particularly around business interruption, and there was no secure, efficient way to gather this data to truly understand the impact COVID-19 was having on the P&C market. With business interruption claims growing, a quick, effective solution was needed.

Read More

NAMIC CEO: Emerging Tech/Blockchain to help Industry Respond to COVID

Jun 8, 2020 / by AAIS posted in openIDL, Community, Issues & Trends, Events, Insurance News/Current Events, AAIS Event Archive, Industry Associations, COVID-19, P&C Insurers, Blockchain, Industry, 2020 VME, pandemic, Data Call, Mutual Insurance, NAMIC, AAIS Views, GLC, TRIA


The COVID-19 pandemic has significantly challenged the insurance industry, but NAMIC CEO Chuck Chamness believes our resilience, adaptability, and focus on emerging technologies like blockchain will help us to emerge stronger than ever.

Read More
Unleashing Product Potential...Together

Lists by Topic

see all

Posts by Tag

See all