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This is a weekly series for The Regulatory Reporting Data Model Working Group. The RRDMWG is a collaborative group of insurers, regulators and other insurance industry innovators dedicated to the development of data models that will support regulatory reporting through an openIDL node. The data models to be developed will reflect a greater synchronization of data for insurer statistical and financial data and a consistent methodology that insurers and regulators can leverage to modernize the data reporting environment. The models developed will be reported to the Regulatory Reporting Steering Committee for approval for publication as an open-source data model.

RRDMWG OpenIDL is inviting you to a scheduled Zoom meeting.

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  • Anti-Trust Policy notice reviewed
  • Agenda Reviewed
  • Sean Bohan: Architecture Working Group starts next week. Open to new attendees.
    • Next week: Kickoff, Chair & Vice Chair selected, get the group started
  • Vote on claims
    • Votes called out
    • Vote passed
  • Auto Coverage and auto territory reports require aggregate fields. Need to handle them.
    • Next week need to throw in table order discussion to facilitate maths discussion/planning
    • Object Modeling next week
  • Dale of Travelers: Can AAIS stat plan for other LOBs get stood up as Day 1 for remaining LOBs?
    • Joan suggested a transition plan for large carriers like Travelers is probably a need.

Action items 

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Recording

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