2022-12-16 Meeting Agenda

Owned by Nathan Southern
Last updated: Feb 10, 2023

Date

Attendees

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.

openIDL Community is inviting you to a scheduled Zoom meeting.

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Minutes

I. Introductory Comments - Peter Antley

A. Welcome to attendees

B. LF antitrust policy statement

II. Agenda

A. Test net setup - Recap

  1. Only one carrier node but an analytics node
  2. Changes integrated - MongoDB to PostgreSQL - Mongo left in tech stack
  3. Refining on extraction pattern - map & reduce

B.  Creation of Data Call/Consent of Data Call Using Test Net - w/Peter's Report from Earlier in Week

  1. Logged into analytics node as regulator and created data call
  2. Input name first - then description - transaction month - deadline - description
  3. Create report - reports generated on screen
  4. Choose extraction pattern
  5. Consent - consent via PDC to analytics node that combines data and issues reports.
  6. Report produced is fundamentally the same with the same categorizations (in the case of auto stat data - car years/incurred loss/earned premium)
  7. Immediate goals: to get the report generator polished, and then to do the demo fully end-to-end and produce a streamlined video showing how the application works
  8. ETA: end Dec 2022/Jan 2023

C. Report wrt Homeowners 

  1. Auto report broken up by coverages/homeowners broken up by policy forms
  2. Mason got everything to display correctly
  3. Summed written premium, did incurred loss, still to do incurred premium and count

D. Logistics

  1. next two meetings cancelled
  2. Will resume on Jan. 6th.

Discussion items

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Action items

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