CSIO launches certification program for insurers, vendors

The Centre for Study of Insurance Operations (CSIO) has launched its standards certification program for member companies and vendors. The first business activity available for certification is eDocs, with the goal of expanding the program to cover all other business activities.

The program “meets an important industry need for recognizing consistency in standards implementation,” Catherine Smola, CSIO’s president and CEO, noted in a statement Monday.

CSIO certification demonstrates members’ “commitment to embracing and employing industry standards to improve the efficiency and effectiveness of the broker distribution channel in Canada,” Smola continues.

CSIO data exchange standards are designed to be company-neutral, help solve data compatibility issues, facilitate more efficient and seamless integration of information, and improve implementation of technology solutions, states a press release from CSIO, Canada’s national standards association of property and casualty insurers, brokers and software providers.

But it is only through the consistent implementation of CSIO standards that organizations can optimize the real business value of the standards, CSIO adds.