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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.

Join Zoom Meeting

https://zoom.us/j/97302810980


Meeting ID: 973 0281 0980

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Meeting ID: 973 0281 0980

Find your local number: https://zoom.us/u/aff6Fp5v1

Attendees

Goals

Discussion items

TimeItemWhoNotes
1Anti TrustPeter

10Intronew people

10

Vin Analysis SummaryPeter/Eric


40PL Auto Sample DataDale


30Missing FieldsSusan


20DefinitionsPeter









Minutes

  • Anti-Trust policy reviewed
  • Agenda above
  • VIN (Peter and Eric)
    • Meets the needs for stat reporting for the following:
      • Make, Model, Trim
    • Policy information (PL Auto Sample Data, TIV spreadsheet Dale & Melissa)
      • Driver age buckets
        • NAIC has a set of buckets and carriers have their own too
        • Need raw age
          • If we provide birthday we wouldn’t need raw age
        • Required vs other
        • Missing Fields-Policy
          • Definitions
            • Usage Based Rating vs telematics

Action items

  • Melissa and Susan to complete more of the definitions and add AAIS stat plan definitions (Dale will be absent for the 2/25 meeting)

Recording


RRDMWG-openIDL-2-18-2022 recording.mp4


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