A think tank to provide thought leadership on key issues that define interoperability and compatibility. We believe that designing for inter-connectedness will help insurance providers climb up the network chain towards ecosystem actualization.
We inform policy debate making us the leading authority on common standards and shared access to data. Alongside regular publications from our team, we develop ideas and research activities on leading edge topics by mobilizing our network of diverse businesses.
WHAT WE OFFER
A direct derivative of insurance standards-making is the study of legal and regulatory frameworks influencing such undertaking. That's why membership of the some world's most important regulatory innovation hubs was at the forefront of our initiation strategy.
Regulatory and Supervisory Authorities
With deep insights of regulation and policy making and a working knowledge of the technical complexity involved in fostering interoperability and data mobility, we are able to provide guidance and direction in formulating open finance/insurance consultations, tailored market research and analysis leading to an accelerated and successful implementation of the required set of frameworks.
Risk Carriers and InsurTech Startups
OPIN is a 24/7 open innovation environment exploring the boundaries of Open Insurance. A host of projects push our members to the limits of their technical abilities and knowhow. A learn-by-doing and learn-by-sharing approach allows our members to develop longer term relationships and hopefully develop their next innovation. OPIN provides access to industrial, commercial and financial pools of potential partners among its members.
Every project has a beginning! It all started in 2018 with a vision for accelerated adoption of innovative new technologies and deeper integration with InsurTech startups which was translated into the first ever Open Insurance white paper.
The Power of Open APIs
Data is valuable to the consumer, to the companies that own it and to the firms that apply their technologies to it.
We aim to provide the InsurTech community, developers and a multitude of third parties the capacity to securely integrate their applications with insurers data through open APIs.
Insurers will more readily be able to experiment, collaborate and leverage innovative solutions and business models.
The overarching emphasis of this initiative is the development of ever more sophisticated utilities providing customers with transformative experience through cheaper and highly accessible products.
We strive to get the industry to work together, to have a common approach to be able to build scale.
The project relies on the efforts of a group of industry experts and an ever expanding community.