openIDL
openIDL is a Linux Foundation project that develops open-source insurance data standards (openIDS) and operates a permissioned Hyperledger Fabric blockchain network for secure data exchange between U.S. P&C insurers, regulators, and technology providers, funded via tiered membership dues.
- Company typePrivate
- Founded2021
- HeadquartersSan Francisco, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What openIDL does
openIDL (Open Insurance Data Link) is a Linux Foundation project, founded by the American Association of Insurance Services (AAIS) in 2021 and headquartered in San Francisco, that develops open-source insurance data standards and operates a permissioned blockchain network for the U.S. property and casualty (P&C) insurance industry. The platform addresses the lack of widely adopted common data standards across an industry of roughly 4,000 insurers regulated at the state level across 50+ jurisdictions, where translating and reconciling heterogeneous data formats costs the industry billions annually. Its core deliverables are the openIDS (open Insurance Data Standards) framework, the foundational openIDS Base Standards v.1.0, and the openIDS Homeowners Standard v.1.0 — the first production-ready, royalty-free standard for homeowners/property risk data — with additional line-of-business standards governed through the openIDS Data Standards Working Group (DSWG).
The underlying technology is built on Hyperledger Fabric distributed ledger technology, deployed as a permissioned network where each carrier operates its own node alongside an analytics node and management application, ensuring raw carrier data remains in its own cloud and is accessed only through its node. The stack uses Kubernetes orchestration and a JavaScript/Angular interface for transactions and data management, supporting data exchange in JSON, CSV, and XML formats. Foundational IP — a production-tested core model spanning 47+ lines of business — was contributed by member Cloverleaf Analytics, while AAIS donated its data model architecture at founding.
openIDL is funded through a tiered membership model under Linux Foundation governance: Premier membership is $225,000 annually with full Governing Board voting rights; General membership ranges from $5,000 to $70,000 depending on organization size and Linux Foundation status; and Associate membership is free for pre-approved state regulators, non-profits, open-source projects, and government entities. Its go-to-market is community-led, growing by onboarding new member organizations, convening industry participants through working groups, and building critical mass across carriers, regulators, and technology vendors. Named members include AAIS, Cloverleaf Analytics, Perr&Knight, reThought Flood, MOBI, and state insurance departments in Connecticut, Maine, Mississippi, and Virginia, with broader delivery via Slack, GitHub, mailing lists, webinars, and industry events.
openIDL firmographics
Firmographics- Name
- openIDL
- Legal name
- openIDL (Open Insurance Data Link)
- Website
- https://openidl.org
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- openIDL is a Linux Foundation project that develops open-source insurance data standards (openIDS) and operates a permissioned Hyperledger Fabric blockchain network for secure data exchange between U.S. P&C insurers, regulators, and technology providers, funded via tiered membership dues.
- Ownership category
- akta.pro rank
openIDL industry classification
Industry- Product category
- Insurance Data Standards
- NAICS
- Direct Insurance (except Life, Health, and Medical) Carriers (52412)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Smart Contract Frameworks & SDKs (developer kits, templates, standards) (FSAPABAB)
- akta.pro secondary industry
- Decentralized Insurance / Coverage Protocols (FSADAMAI)
Keywords
Where openIDL is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Markets served
openIDL business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- Membership Dues: openIDL generates revenue through annual membership dues paid by organizations participating in the consortium. Membership tiers (Premier, General, Associate, Infrastructure Partner) have different fee structures based on company size and type. Premier membership costs $225,000 USD annually plus Linux Foundation membership. General membership ranges from $5,000 to $70,000 based on employee count. Associate membership is free for qualifying entities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Premier Membership - Full governance participation and prominent visibility |
| Subscription | Annual | General Membership - Voting rights and basic member benefits |
| Subscription | Annual | Associate Membership - Limited participation for qualifying entities |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels10 records
openIDL product offering
Product offeringCore offering
openIDL develops free, open-source insurance data standards (openIDS) and operates a permissioned blockchain network built on Hyperledger Fabric for secure data exchange among insurance carriers, reinsurers, state regulators, and technology vendors. The consortium, hosted by the Linux Foundation, produces standards such as the openIDS Base Standards v.1.0 and the openIDS Homeowners Standard v.1.0 to enable standardized regulatory reporting, data interoperability, and innovation in the U.S. property and casualty insurance market.
Product overview
openIDL offers a blockchain-based data exchange platform centered around openIDS (open Insurance Data Standards), an open-source framework for developing free, non-proprietary data standards for the P&C insurance industry. The portfolio consists of the core openIDL Platform (permissioned blockchain network built on Hyperledger Fabric), the openIDS framework, the openIDS Base Standards v.1.0 as the foundational layer, and the openIDS Homeowners Standard v.1.0 as the first production-ready line-of-business standard. Community governance is facilitated through the OpenIDS Data Standards Working Group (DSWG) which oversees multiple workstreams including the Homeowners Workstream. The platform enables insurers, regulators, and ecosystem partners to exchange data efficiently across JSON, CSV, and XML formats while maintaining data privacy and control.
Differentiator
Problem solved
Functional benefit
Products and services
- openIDL Platform A permissioned blockchain network built on Hyperledger Fabric that enables secure, efficient, and standardized data exchange between insurance carriers, state regulators, and statistical agents. The platform facilitates regulatory reporting and data sharing while maintaining data privacy and control for participating organizations, with each carrier running its own node so raw data remains in the carrier's cloud.
- openIDS (open Insurance Data Standards)
Quantifiable outcome
- Billions of dollars in annual industry cost savings potential through reduced data translation costs
- +2 more outcomes
Companies that use openIDL
Customer profileNamed customers9 records
Segments5 records
Ideal customer profiles4 records
openIDL technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
openIDL partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and supporting.
- Perr&KnightcorePerr&Knight joined as a member in February 2026. As one of the insurance industry's leading actuarial consulting and technology firms, they contribute expertise in data management, regulatory reporting, actuarial services, and product development. Director of Data Solutions Darren Totten leads their participation in openIDS initiatives.
- Cloverleaf AnalyticscoreCloverleaf Analytics is a pioneer in advanced insurance data analytics and an active member helping lead insurance data standardization. They contributed foundational IP including a production-tested core model plus extensions across 47+ lines of business. CEO Robert Clark serves as key spokesperson for the initiative.
- reThought FloodcorereThought Flood is a technology-centric Managing General Agent focused on US flood risk. They joined to help lead the charge on insurance data standardization, contributing expertise in proprietary underwriting methodology and risk assessment technology.
- MOBI (Mobility Open Blockchain Initiative)supportingMOBI is an associate member contributing to cross-industry data standardization efforts. They participate in the openIDL ecosystem to explore blockchain and data standards applications in mobility and insurance intersections.
- State Insurance Regulators (CT, Maine, Mississippi, Virginia)coreMultiple state insurance departments participate as associate members, including Connecticut Insurance Department, Maine Bureau of Insurance, Mississippi Insurance Department, and Virginia Bureau of Insurance. They contribute regulatory perspective to standards development and adoption.
- Linux FoundationcoreopenIDL is hosted by the Linux Foundation, which provides governance, infrastructure, and operational support. The Linux Foundation's proven open governance model ensures transparency, consensus-driven decision-making, and long-term sustainability for the openIDS initiative.
- Hyperledger FoundationcoreopenIDL's network is built on Hyperledger Fabric, a distributed ledger software project under the Hyperledger Foundation. Community Architect Sean Bohan serves as a bridge between the projects, contributing expertise in blockchain and identity technologies.
- AAIS (American Association of Insurance Services)coreAAIS founded openIDL in 2021 as a Linux Foundation project. They donated their data model architecture to openIDL as open-source. As the only national not-for-profit advisory organization, AAIS has 700+ community members and is licensed in 50+ jurisdictions. CEO Werner Kruck is a key advocate for the initiative.
Scale indicators4 records
Recent moves7 records
Expansion highlights6 records
openIDL competitors and assessment
Company assessmentOthers
- Hyperledger Foundation: Hyperledger is the underlying technology foundation for openIDL's network, providing the Fabric permissioned blockchain on which the platform runs. Comparable as enabling infrastructure provider and sister Linux Foundation project.
- NAIC (National Association of Insurance Commissioners): NAIC is the U.S. standard-setting and regulatory support organization for state insurance regulators. Comparable as the apex insurance regulatory body whose adoption decisions shape openIDS' regulatory pathway and whose members participate in openIDL governance.
Direct peers
- ACORD: ACORD is the dominant standards-setting body for the global insurance industry, developing messaging and data standards (e.g., ACORD Forms, XML standards) used across carriers, agents, and vendors. It is the most directly comparable peer to openIDL as both are industry-driven insurance data standards organizations, though ACORD is established/proprietary and openIDL is open-source.
- AAIS (American Association of Insurance Services): AAIS is a not-for-profit advisory organization that originally founded openIDL and donated its data model architecture. It serves as statistical agent and advisory body with 700+ members in 50+ jurisdictions, comparable in role as insurance industry data and advisory organization.
- B3i (Blockchain Insurance Industry Initiative): B3i is a blockchain consortium specifically for the insurance industry that developed distributed ledger solutions for reinsurance and other insurance processes. It is comparable to openIDL as both pursue blockchain-enabled infrastructure for insurance data exchange and standardization, though B3i has been restructured and pivoted its focus multiple times.
Broad incumbents
- R3 Corda: R3 is an enterprise blockchain company whose Corda platform is used in financial services including insurance for permissioned distributed ledger applications. Comparable as competing enterprise blockchain infrastructure used for similar use cases in regulated industries.
- ISO/Verisk Insurance Solutions: Verisk's ISO division is the dominant provider of insurance data, analytics, and rating information to U.S. P&C insurers, with proprietary data standards deeply embedded in carrier operations. It represents the entrenched incumbent whose proprietary approaches openIDS seeks to complement or replace with open alternatives.
Emerging players
- Decentralized Insurance Foundation: Decentralized Insurance Foundation is an emerging player promoting blockchain-based insurance protocols and coverage models. Comparable as an adjacent consortium exploring decentralized approaches to insurance, though focused more on alternative insurance products than enterprise data standards.
- Insurwave (EY/Guardtime/ASTRA): Insurwave is a blockchain-based marine insurance platform that built a permissioned distributed ledger for insurance data exchange. Comparable as an early-stage consortium-style insurance blockchain initiative focused on similar regulatory reporting and data standardization challenges.
Regional players
- MOBI (Mobility Open Blockchain Initiative): MOBI is a Linux Foundation-style blockchain consortium for the mobility sector. openIDL and MOBI share an associate membership relationship and pursue similar consortium-driven open standards development models for cross-industry data exchange.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
openIDL social profiles
Digital presenceopenIDL financial estimates
Financial estimateRevenue estimate
Valuation estimate
openIDL leadership team
Management profileNumber of profiles
Profiles3 records
openIDL funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
openIDL M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about openIDL
What does openIDL do?
openIDL develops free, open-source insurance data standards (openIDS) and operates a permissioned blockchain network built on Hyperledger Fabric for secure data exchange among insurance carriers, reinsurers, state regulators, and technology vendors. The consortium, hosted by the Linux Foundation, produces standards such as the openIDS Base Standards v.1.0 and the openIDS Homeowners Standard v.1.0 to enable standardized regulatory reporting, data interoperability, and innovation in the U.S. property and casualty insurance market.
Is openIDL a public or private company?
openIDL is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was openIDL founded?
openIDL was founded in 2021. It employs 51 to 100 people.
Where is openIDL based?
openIDL is headquartered in San Francisco, United States, in the North America region.
How does openIDL make money?
One revenue line is on record: membership Dues.
Who are openIDL's main competitors?
Others on record are Hyperledger Foundation and NAIC (National Association of Insurance Commissioners). Direct peers are ACORD, AAIS (American Association of Insurance Services) and B3i (Blockchain Insurance Industry Initiative). Broad incumbents are R3 Corda and ISO/Verisk Insurance Solutions. Emerging players are Decentralized Insurance Foundation and Insurwave (EY/Guardtime/ASTRA). MOBI (Mobility Open Blockchain Initiative) is listed as a regional player.
Does openIDL have an API?
No public API is recorded for openIDL.
What industry is openIDL in?
openIDL's product category is Insurance Data Standards. Its primary akta.pro industry code is FSAPABAB, Smart Contract Frameworks & SDKs (developer kits, templates, standards), with a secondary code of FSADAMAI, Decentralized Insurance / Coverage Protocols. Its NAICS code is 52412 and its SIC code is 6411.