The all-new openIDL (Insurance Data Link) is an open blockchain network that streamlines regulatory reporting and provides new insights for insurers, while enhancing timeliness, accuracy, and value for regulators. The openIDL is the first blockchain platform that enables the efficient, secure and permissioned-based collection and sharing of statistical data.
AAIS Introduces openIDL...on IBM Blockchain Platform
AAIS Presents on openIDL at the NAIC Summer Meeting
The openIDL blockchain streamlines the time-consuming and expensive regulatory and compliance requirements carriers experience today, to create operational efficiency, flexibility, interoperability and product development opportunities.
With access to timely and accurate information, regulators receive more holistic and dynamic reporting as well as valuable and relevant insights into exposures, market activity and trends.
AAIS is committed to establishing and maintaining an agnostic openIDL network, providing efficient mechanisms for participation by carriers and organizations of every size and configuration, including other blockchain consortia, platforms and applications.
AAIS serve as administrator for the Insurance Data Link, providing unbiased governance for the blockchain platform within existing legal and regulatory frameworks. The openIDL runs on the IBM Blockchain platform, powered by Hyperledger technology.
AAIS Members may participate in the openIDL blockchain as part of their existing or new program affiliations. AAIS welcomes participation in the openIDL from across the insurance industry through special Data Affiliation and Membership. To get the full details, contact your AAIS Advisor–or complete and send the form below.