1 / 26

Enhancing Insurance Data Management Through Standardization and Collaboration

This session on data management delves into the significance of standardization in the insurance industry. We will discuss the development of data exchanges, project goals, and key dates related to the TELEBIB2 initiative. Targeting insurance professionals, the session will cover environmental factors influencing data practices, the importance of eliminating double data entry, and the impact of effective data usage on productivity. Participants can look forward to insights on contract lifecycle management, policy image requirements, and future improvements in data collaboration.

jaafar
Télécharger la présentation

Enhancing Insurance Data Management Through Standardization and Collaboration

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. R Featuring Release 01.01.2006

  2. Introduction • Welcome • Goal of this session • Target audience

  3. Programme • Environmental factors • Projects • Key dates • On the web • What next ?

  4. Warning

  5. Environmental factors • Drivers • Organisation • Working practice

  6. Drivers • Exchange better data • Exchange more data • Personal lines • Small commercial • Exclude double data entry • Improve productivity • Sector approach

  7. Organisation GOC / CMS Standardization Working Party Software suppliers Projectgroup Projectgroup Projectgroup Projectgroup

  8. Working practice Need for data element or value SLA 1 Recording and publication in TELEBIB2 SLA 2 Standard messages SLA 3 Used in company’s and broker’s applications

  9. Projects • Code lists • Contract Portfolio Download • Contract Life Cycle • Filters • Dates – definition and usage • Amounts – definition and usage • Impact

  10. Code lists • Goal • Better describe the risk object • Remove ambiguity • Actions • Additions / Depreciations • Definitions • Introduction of Versioning

  11. Contract portfolio download • Goal • Guarantee similarity of data on the insurer’s and the broker’s platform • In case of ... • ... decision to implement ICT • ... acquisition and merger • ... bulk maintenance • ... technical acts

  12. Contract structure

  13. Contract portfolio download • Functions • Download policy portfolio • Policy image on request • Policy image in response to technical act • Types of insurance • All lines of business • Insurance based investment products • Loans

  14. Standardisation WP Status 0 Status 1 Status 2 MCI Development Pre-implementation Analysis Preparation Implementation TELEBIB2 Centre Project group Commited user & Project group Commited user Working process SLA2 MCI Request

  15. Contract Life Cycle • Goal • When to send a policy image ? • How to indicate a technical act unambiguously ? • Result • Influence on TELEBIB2

  16. Filters Policy type • Goal • Can I use this guarantee ? • Can I use this risk object ? • Result • Domain • Policy type code • Risk object • Guarantee • Usability • Maintenance Domain Guarantee Risk object

  17. Dates • Goal • Remove ambiguity • Result • Definitions • Additions • Recommendations for usage

  18. Amounts • Goal • Remove ambiguity

  19. Remove ambiguity

  20. Amounts • Goal • Remove ambiguity • Result • Definitions • Additions of amounts and indicators • Composition / Decomposition

  21. Impact • Goal • Detail the impact • Help to estimate the resources • Result • Matrix by functional domain • Matrix by message

  22. Cut-off date 10.11.2004 Release date 01.01.2006 Implementation period 2004 2 0 0 5 2006 Production start date(s) Compatibility assurance period Production start period Earliest production start date 01.10.2005 Key dates SLA3

  23. Break

  24. On the web www.telebib2.org • Code lists • MIGs • Filters • Recommendations

  25. What next ? • General • Format and presentation of “numbers” • Modelling Parties • Contract • Usage of indexes • Extensions / Exclusions • Cover limits • Guarantee, sub guarantee, cover • Quantities and figures • Claims

  26. Questions

More Related