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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Goals
Discussion items
Time
Item
Who
Notes
Notes:
DMWG
Data Modeling aspects
Regulatory Reporting
Developing data lakes for those with more data than just stat reporting
Carriers can answer questions, bring clarity to regulators
Spending time on Auto (approved stat plan AAIS has been using for some time)
New fields to be added (annual statement line)
developing various attempts
Spring: Refactoring
AWG: how the Harmonized Data Store will be set up
how reports created
concept of carrier data, keep private data on their infra, subscribing and reading from HL Fabric chain, see a new Extract Pattern, request it, accept/reject, application will go to their HDS
Blockchain for messaging and transmission
Chainyard working on ND
PA working in tandem with partners at Senofi, exchanging MONGO datastore for postgres
