Governed by AAIS on IBM Blockchain

The all-new openIDL (open Insurance Data Link) is the first blockchain platform that enables the efficient, secure and permissioned-based collection and sharing of statistical data. The openIDL 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 streamlines the burdensome statistical reporting process that provides little value to insurance carriers and insufficient information for insurance regulators. It offers carriers a secure and reliable blockchain environment for the storage and selective sharing of statistical data (policy, premium, claims and loss experience data) with AAIS as an authorized statistical agent and advisory organization.