The NIC In Force Data Steering Committee is an industry group advocating for access to high quality in force data from Life Carriers.
The committee is comprised of Life Insurance Distributor Executives and Influencers who have an affiliation with Insured Connect.
NIC has been operating an informal steering committee since mid 2017. As of January 2021 the NIC Platform is receiving in force feeds from 15 Carriers and the majority of feeds are daily direct feeds. NIC is currently working with 8 additional Carriers to complete security/regulatory audits.
Formalize a group of executives and influencers to create a common voice to advocate for high quality in force feeds. The committee focus will be:
Working with existing Insured Connect Carrier data partners to enhance existing in force data feeds with additional data attributes
Engaging new Carriers, who are not currently providing in force feeds, to secure an in force feed, and
Engaging Carriers regarding integration to their policy service tools and applications
The committee meets monthly (virtually) to prioritize and coordinate communications and reach out to Carriers. Committee members with appropriate Carrier contacts are asked to lead the initiative with each Carrier and request meetings to discuss in force feeds.
NIC coordinates all calls and works directly with each Carrier, committee members are asked to participate in Carrier calls and follow up with Carriers when conversations go quiet.
NIC maintains a record of all Carrier feeds including a breakdown of data attribute by product. A list of Carrier partners, data feed statuses and information about each feed is available on the NIC Carrier Data Status Report.
For more information, contact Rick Hyde at email@example.com