Directory of Providers of Insurance Data Standards
| ||||||||||
| ||||||||||
|
| ||||||||||
|
Directory of Providers of Insurance Data Standards Information & Articles Directory of Providers of Insurance Data Standards Not long after businesses started using computers to administer their business, firms realized that more efficiencies could be gained if data could be exchanged between brokers and companies, between insurers and reinsurers. Even when standard forms had been implemented within an industry, it was quickly discovered that data was rarely defined the same way in two different companies and even when that should happen, the meaning of the data would differ.
Thus began efforts, usually within an industry such as insurance, to develop standards for data elements and their meanings. Once defined however, the business and its regulation change, and thus standards require ongoing maintenance. To respond to these ongoing requirements for current useful standards, most industries, including insurance, have spawned bodies to manage those standards.
Articles
Directory of Providers of Insurance Data Standards
|
||||||||||