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.
One tap mobile +16699006833,,98908804279# US (San Jose) +12532158782,,98908804279# US (Tacoma) Dial by your location +1 669 900 6833 US (San Jose) +1 253 215 8782 US (Tacoma) +1 346 248 7799 US (Houston) +1 929 205 6099 US (New York) +1 301 715 8592 US (Washington DC) +1 312 626 6799 US (Chicago) 888 788 0099 US Toll-free 877 853 5247 US Toll-free Meeting ID: 989 0880 4279 Find your local number:https://zoom.us/u/aAqJFpt9B
I. Introductory Comments - Peter Antley
A. Welcome to attendees
B. LF antitrust policy statement
A. Test net setup - Recap
Only one carrier node but an analytics node
Changes integrated - MongoDB to PostgreSQL - Mongo left in tech stack
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
Logged into analytics node as regulator and created data call
Input name first - then description - transaction month - deadline - description
Create report - reports generated on screen
Choose extraction pattern
Consent - consent via PDC to analytics node that combines data and issues reports.
Report produced is fundamentally the same with the same categorizations (in the case of auto stat data - car years/incurred loss/earned premium)
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
ETA: end Dec 2022/Jan 2023
C. Report wrt Homeowners
Auto report broken up by coverages/homeowners broken up by policy forms
Mason got everything to display correctly
Summed written premium, did incurred loss, still to do incurred premium and count