SGI CANADA recently announced it has joined the Toronto Insurance Conference’s (TIC) project on real-time data integration between insurers and brokers.
This proof-of-concept, announced in January and entitled The D/X Initiative, focuses on communicating claims information for both commercial and personal lines clients. It follows the nationally-endorsed Insurance Brokers’ Association of Canada Data Exchange (D/X) principles, which use established industry data standards and no surplus middleware or data translation layer.
“Our claims software is different from that of the other insurers involved in this project,” says Dawn Bloom, executive vice-president and chief digital and information officer at SGI CANADA. “We plan to demonstrate how communication can be seamless and interoperable, regardless of the system, if the D/X principles are followed.”
These principles are essential to deriving maximum time, accuracy, and cost saving advantages from already-existing technology, for the benefit of all industry stakeholders, including insurers, brokers, and, most importantly, customers.
More details about The D/X Initiative can be found at www.ticonf.com.