Standard Development Update-1

Preparatory work to develop the open API standard is proceeding starting with the development of a Data Standard.

A fresh and progressive approach has been taken to match the evolution in insurance products and services and to also allow for promising new technologies to be incorporated from the start.

To improve buy in for risk carriers, commercial (premium) APIs will be incorporated along side free and open APIs to allow for quicker return in investment in developing public APIs.

This is a Request for Comment for OPIN members on a draft proposal for the data scope and definitions. Once input and contribution has been collected from members, the documents will be published on the website for comments and contributions from the industry.

The ambition of creating an open standard for the industry requires the hard work and involvement of all of us. Members have until January 11th, 2021 to send in their comments.