An international initiative to initiate, coordinate and lead the activities progressing the adoption of Open Insurance around the world.
OPIN is an industry driven initiative to allow for data to be securely shared with third parties using open Application Programming Interfaces (APIs).
Every project has a beginning! It all started 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.