Oracle Insurance Data Gateway

Introduction

Oracle Insurance is proud to introduce Oracle Insurance Data Gateway (OIDG), a B2B data gateway platform providing secure real time data aggregation, data transformation, and data routing services of insurance policy data between insurance carriers and distribution channels. OIDG components include: Portal, AdminView, QuickView, and the core engine.

OIDG provides effective data communication between Insurance Distributors and Insurance Carriers using industry standards, contributing to the overall seamless Insurance Business Process between those parties in the value chain. The cloud version has been available and in use for many years, and to meet the needs of our broader range of customers we are making the service available on premise.

Key Highlights

  • Centralized access to key data transactions in the life cycle of an insurance policy including electronic application, policy synchronization – policy status, premium payment and commission statement
  • Complete view of the data communications between Distribution Channels and Insurance Carriers – supports client service levels, audit and regulatory compliance
  • Allows
  • Integration with Oracle Insurance Policy Administration
  • Support for the ACORD® Insurance Standards

Features Include

  • ACORD® AML Standards based insurance transactions and messages
  • Batch processing
  • Pre-defined validation rules for both web-service and FTP requests
  • PGP encryption / decryption and digital signatures support for file protection, integrity, and non-repudiation
  • Personally Identifiable Information (PII) data obfuscation
  • UI for viewing / searching processed and failed transactions
  • User managed retry / purge for failed transactions
  • Configurable sender / receiver integration (contract) mapping and for supported transactions
  • Sender / Receiver integration (contract) validation