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Underwriting Standards

A curated collection of data standards, APIs, and specifications used in insurance underwriting. This covers the landscape of industry-wide data interchange formats, protocol standards, and API ecosystems that enable carriers, MGAs, brokers, and InsurTech platforms to exchange underwriting data programmatically.

Key standards include ACORD (Property & Casualty, Life, Reinsurance), LIMRA LDEx (employee benefits), and emerging OpenInsurance initiatives.

Standards

ACORD Next-Generation Digital Standards (NGDS)

ACORD provides the insurance industry's primary data standards. The NGDS are JSON/YAML-based transaction-centric standards for RESTful APIs and microservices, covering Policy, Claims, Party, Product, and Reinsurance entities.

LIMRA LDEx Data Exchange Standards

Free, collaboratively developed standards for exchanging employee workplace benefits data between carriers and benefits administration platforms. LDEx provides REST API endpoints compliant with OpenAPI 3.1.

Artifacts

JSON Schema

File Description
json-schema/underwriting-standards-submission-schema.json Schema for an insurance underwriting submission including risk, coverages, quotes, and documents

JSON Structure

File Description
json-structure/underwriting-standards-submission-structure.json Field-level documentation for the Underwriting Submission entity

JSON-LD

File Description
json-ld/underwriting-standards-context.jsonld JSON-LD context mapping underwriting terms to schema.org and FIBO ontology vocabulary

Examples

File Description
examples/underwriting-standards-submission-example.json Example cyber liability underwriting submission following ACORD data standards

Vocabulary

File Description
vocabulary/underwriting-standards-vocabulary.yml Domain vocabulary covering underwriting process, risk assessment, coverage concepts, data standards, and InsurTech

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A curated collection of data standards, APIs, and specifications used in insurance underwriting. This covers the landscape of industry-wide data interchange formats, protocol standards, and API ecosystems that enable carriers, MGAs, brokers, and InsurTech platforms to exchange underwriting data programmatically.

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