The EDI Standard for the Belgian Insurance sector

RR Featuring

Release01.01.2006

Featuring

Release01.01.2006

The EDI Standard for the Belgian Insurance sector

Introduction

• Welcome

• Goal of this session

• Target audience

The EDI Standard for the Belgian Insurance sector

Programme

• Environmental factors• Projects• Key dates

• On the web• What next ?

The EDI Standard for the Belgian Insurance sector

Warning

The EDI Standard for the Belgian Insurance sector

Environmental factors

• Drivers• Organisation• Working practice

The EDI Standard for the Belgian Insurance sector

Drivers

– Exchange better data– Exchange more data

• Personal lines• Small commercial

– Exclude double data entry

• Improve productivity• Sector approach

The EDI Standard for the Belgian Insurance sector

Organisation

GOC / CMS

StandardizationWorking Party

Software suppliers

ProjectgroupProjectgroup

ProjectgroupProjectgroup

The EDI Standard for the Belgian Insurance sector

Working practice

Need for data element or value

Recording and publication in TELEBIB2

Standard messages

Used in company’s and broker’sapplications

SLA 1

SLA 2

SLA 3

The EDI Standard for the Belgian Insurance sector

Projects

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

The EDI Standard for the Belgian Insurance sector

Code lists

• Goal– Better describe the risk object– Remove ambiguity

• Actions– Additions / Depreciations– Definitions

• Introduction of Versioning

The EDI Standard for the Belgian Insurance sector

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

The EDI Standard for the Belgian Insurance sector

Contract structure

The EDI Standard for the Belgian Insurance sector

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

The EDI Standard for the Belgian Insurance sector

Working process

Preparation

Status 0 Status 1 Status 2

MCIDevelopment

Pre-implementation

Analysis Implementation

Project groupCommited user& Project group Commited user

TELEBIB2Centre

MCI Request

Standardisation WP

The EDI Standard for the Belgian Insurance sector

Contract Life Cycle

• Goal– When to send a policy image ?– How to indicate a technical act

unambiguously ?

• Result

• Influence on TELEBIB2

The EDI Standard for the Belgian Insurance sector

Filters

• Goal– Can I use this guarantee ?– Can I use this risk object ?

• Result– Domain– Policy type code– Risk object– Guarantee

• Usability• Maintenance

DomainDomain

Policytype

Policytype

GuaranteeGuarantee RiskobjectRisk

object

The EDI Standard for the Belgian Insurance sector

Dates

• Goal– Remove ambiguity

• Result– Definitions– Additions– Recommendations for usage

The EDI Standard for the Belgian Insurance sector

Amounts

• Goal– Remove ambiguity

The EDI Standard for the Belgian Insurance sector

Remove ambiguity

The EDI Standard for the Belgian Insurance sector

Amounts

• Goal– Remove ambiguity

• Result– Definitions– Additions of amounts and indicators– Composition / Decomposition

The EDI Standard for the Belgian Insurance sector

Impact

• Goal– Detail the impact– Help to estimate the resources

• Result– Matrix by functional domain– Matrix by message

The EDI Standard for the Belgian Insurance sector

Key dates

2 0 0 52004 2006

Cut-off date10.11.2004 Release date

01.01.2006

Implementation period

Productionstart date(s)

Earliest production start date01.10.2005

Compatibility assurance period

Production start period

The EDI Standard for the Belgian Insurance sector

Break

The EDI Standard for the Belgian Insurance sector

On the web

• Code lists• MIGs• Filters• Recommendations

The EDI Standard for the Belgian Insurance sector

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

The EDI Standard for the Belgian Insurance sector

Questions