openIDL
North Dakota Insurance Commissioner Discusses POC Testing openIDL Blockchain to Assess Uninsured Driver Issue
Aug 1, 2022 / by AAIS posted in openIDL, Issues & Trends, Data & Technology, Insurance News/Current Events, Auto, Blockchain, Data/Tech, Linux Foundation, auto insurance, Regulatory Reporting, North Dakota Insurance
Hanover Exec Discusses Current Data and Info-Sharing Trends
May 4, 2022 / by AAIS posted in openIDL, Technology, Data & Technology, Data Management/Distributed Ledger, Insurance News/Current Events, Tech News, Regulatory/Compliance, AAIS Pulse, Data/Tech, Analytics Insurance, Regulators, The Hanover, Regulatory Reporting, Democratization of Data, GLC
On a recent edition of AAIS Pulse, The Hanover SVP Scott Grieco sat down with AAIS SVP Operations, Joan Zerkovich, for a “Tech Talk” discussing current technology trends, and methods for modernizing the way insurers think about data and information sharing.
NAIC CEO Shares Insights on Insurance Regulation
Apr 28, 2022 / by AAIS posted in openIDL, Insights, Issues & Trends, Data & Technology, COVID-19, Homeowners, Climate Change, Cannabis, Auto, AAIS News & Views, AAIS Pulse, Data/Tech, NAIC, Regulation, pandemic, Regulators, Business Interruption, Economy, Cannabis Insurance, cyber insurnace
On a recent edition of AAIS Pulse, NAIC CEO Mike Consedine sat down with AAIS President and CEO Ed Kelly to share his insights on major regulatory issues facing the insurance industry and the NAIC.
A Conversation with Bob Guevara, AAIS VP, Inland Marine
Apr 26, 2022 / by AAIS posted in openIDL, Insurance, Data & Technology, Inland Marine, Tech News, Commercial Lines, Data, Data/Tech, IMUA, AAIS Views
There is no understating Bob Guevara’s contributions to AAIS and the Inland Marine insurance community: He transformed thinking about inland marine risks, raising awareness with regulators and creating new rating paradigms and valuable tools and resources for AAIS Member insurers. As he looks forward to retiring after 29 years, and transitions to a consulting role, continuing to support AAIS, Bob spoke with AAIS Views.
Let’s start at the beginning. What first drew you to the insurance industry?
Bob Guevara: When I graduated from college in the 1970s the country was coming out of a recession. There was a lot of instability out there. I wanted to join an industry that would be very stable for the long haul, which led me to insurance. I’ve been in the business ever since – 15 years of inland marine underwriting and 29 at AAIS.
AgriCon Focus on Timely Industry Issues: Blockchain Potential, Cannabis Complexities
Mar 21, 2022 / by Hope King posted in openIDL, Technology, Issues & Trends, Open Source, Cyber, Agribusiness, Cannabis, CannaBOP, Farm & Ag, Blockchain, Farming
AAIS recently attended the IRMI Agribusiness Conference (AgriCon), the premier event for insurance and risk management professionals specializing in the exposures and coverage needs of farms and agribusinesses. Among the many interesting and informative sessions, AAIS Product Development Specialist Hope King highlighted two topics particularly near and dear to AAIS and our Members.
Leading State Regulators Talk Blockchain, AI, and Modernizing Regulatory Reporting
Feb 7, 2022 / by AAIS posted in openIDL, Technology, Machine Learning/AI, Issues & Trends, Events, Regulatory/Compliance, Blockchain, Legislation & Regulation, AAIS Pulse, AAIS Event Archives, Data/Tech, GLC, Machine Learning
The AAIS Pulse newsmagazine recently featured discussions with Mississippi Insurance Commissioner Mike Chaney and Connecticut Insurance Department Asst. Deputy Commissioner, Property & Casualty Division, George Bradner. They sat down with AAIS VP of Government Affairs, Legal, and Compliance, Robin Westcott, to cover a wide array of topics including data collection, data management, openIDL and its benefits, machine learning, and much more.
AAIS Webinar Talks Democratization of Data with BizDynamics
Jan 21, 2022 / by AAIS posted in openIDL, Community, Data & Technology, Data Management/Distributed Ledger, AAIS Events, Events, Tech News, AAIS News & Views, AAIS Insights, AAIS Webinar Series, BizDynamics, Democratization of Data
On Wednesday, Jan. 19, AAIS hosted a webinar with AAIS VP of Data Solutions Ruturaj Waghmode and BizDynamics SVP of Partnerships Neil Pravin Dias. They took a comprehensive look at what the power of data democratization means for insurance carriers, regulators, agents, and policyholders – and how to make it a reality.
Artificial Intelligence is Modernizing Regulatory Compliance
Jan 18, 2022 / by Robin Westcott posted in openIDL, Community, Machine Learning/AI, Issues & Trends, Data & Technology, Tech News, Regulatory/Compliance, Legislation & Regulation, AAIS News & Views, AAIS Insights, Data/Tech, Connecticut
Risks are continually evolving and emerging, requiring updates to insurance policies in order for carriers to keep pace with market need. Whether you’re a regulator or an underwriter, reviewing new policy language in a timely fashion can be a challenge, and can negatively impact speed-to-market.
Shifting the Data Sharing Paradigm with openIDL
Jan 10, 2022 / by Matt Hinds-Aldrich posted in openIDL, Data & Technology, Data Management/Distributed Ledger, Tech News, Regulatory/Compliance, Modeling/Predictive Analytics, AAIS Insights, Data/Tech, Modeling/Actuarial
Clive Humby said it best with his oft-cited quote – “data is the new oil.” It is true that the value of data is in its refinement and synthesis into useful insights, tools, and products, all predicated on the existence of a complex infrastructure to share and transport data from where it is found (those with the data) to where the analysis occurs (those with the questions).
Busy NAIC Fall Meeting Brings Forth Key Themes for 2022
Dec 22, 2021 / by AAIS posted in openIDL, Community, Issues & Trends, Data & Technology, Data Management/Distributed Ledger, Insurance News/Current Events, Industry Associations, Regulatory/Compliance, Cannabis, Auto, Legislation & Regulation, NAIC, DEI
The National Association of Insurance Commissioners (NAIC) recently wrapped up its fall meeting in San Diego, Ca., where it celebrated its 150th Anniversary. It was a hybrid event with an estimated 1,200 people attending in person and another 1,800 virtually. AAIS Views caught up with our Manager Government Affairs and Compliance, Lori Dreaver Munn and AAIS VP of Memberships & Solutions Truman Esmond, who both attended in person to hear about some of the key themes and takeaways from the meeting.