Encourage entrepreneurs and third party developers to build apps on top of open insurance APIs.
Purpose of a common data standard
This is the first step towards producing a common API spec.
- Specification for the definition of data properties, structures, relationships, technical names, and data types.
- A domain model that is technology-agnostic and in comprehensible business terms.
- Defines requirements and common methodology.
- A foundation for managing data quality and integrity.
- A framework for database design