Page History

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Notes

• Attendee Introductions
• Discuss Attributes
• Attributes Index reviewed
• Minimum vs expanded vs. regulatory vs. rejected
• Susan: Derived fields vs raw list.
• Example: Written premium must be provided but earned can be calculated
• Dale: Explain how derived items are derived.  Primary vs. minimum
• Eric Lowe: Start at bottom, deal with basic data needed in HDS, leave rest (derivation) to smart contract. Identify just basic data collection
• For each derived field, explain the columns that feed it.
• Debate on NAIC equivalent or something more, better, different
• Eric Lowe: Just emulating NAIC misses opportunities for better data.  How do we make this one row (record) in a table in HDS then regulators
• James Madison: Concerned that baking in a transactional model now, will keep it from getting broader, better later.
• Truman: Monthly snapshot is the operational tempo of the data not the grain of it.
• James: Grain comes down to key.
• Ruturaj: Recommends continuing this exercise as is.
• Attributes List discussed
• Territory
• Carriers often use proprietary ones so may not provide.
• Sandra: Consider developing a standardized list.
• Eric Lowe: Just use zip code to cross different mappings.
• Agreed on 9 digit zip.
• Carriers don’t want to provide where these policies are.
• Ruturaj: This list is based on current stat plan, thus they are de facto essential.  But should these be put onto openIDL?  Question to remain open to next week.
• Dale: Do we need business rules?  Yes.

Action items

•  Pull out business rules
•  Review the list and update the page
•  Agenda for next week by Wednesday
•  Draft presentation to steering committee on the model on 12/7/21 @ 2pm EST.
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