The Centre of Study of Insurance Operations (CSIO), a technology association for property and casualty (P&C) insurers, vendors and 38,000 P&C brokers in Canada, announced that it has convened a standards governance advisory council, mandated to enhance cooperation and collaboration among CSIO member organizations regarding the implementation of unambiguous standards.
“In developing the next multi-year strategic plan, CSIO’s board of directors identified an opportunity to further improve standards and corresponding implementation guides to ensure there is no room for differing interpretations of the standards,” the CSIO states in an announcement about the new committee. “This entails implementing a detailed standards adoption framework, including adoption classification systems that the standards governance advisory council, comprised of CSIO members, will oversee so that high-quality, relevant standards respond to current and future needs.”
Council members include representatives from Aviva Canada, Gore Mutual Insurance Company, Northbridge Insurance, Travelers Canada and Wawanesa Mutual Insurance Company. Vendors on the committee include Applied Systems, Guidewire Software Inc. and Vertafore Canada. The committee also includes three Insurance Brokers Association of Canada (IBAC) representatives, including those from Excalibur Insurance Group, Gallagher, and Guild Insurance Group.
“CSIO is committed to driving innovative solutions that enable the best insurance experience in Canada by overseeing the development, implementation and maintenance of technology standards and solutions,” they conclude.
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