Commercial Business Group

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The Commercial Business project is analysing the needs of the European insurers in the area of commercial business and is including these requirements to the eEG7 Object Class Model and Data Dictionary. This will ensure that future messages, that use the eEG7 model as a basis, will contain the necessary data and are useable in a global, interoperable environment.

Scope

For this project the scope of the commercial business includes any kind of commercial sector (industry, agriculture, service sector) from self-employed persons to larger companies. Included are all lines of insurance: e.g. fire, storm, flood, business interruption, theft, liability, machinery, motor, transport.

Explicitly excluded and postponed to future projects are the requirements of very large commercial businesses, re-insurance, company life insurance, company pension and company healthcare insurance.

Commercial insurance requirements to the eEG7 Object Class Model and Data Dictionary are added by:

Harmonising with existing SMILe elements where there is overlap
Adding data requirements where no existing SMILe element exists

Deliverables

An extended version of the eEG7 Data Dictionary that includes all data elements for commercial insurance.
An extended version of the eEG7 Object Class Model that includes all classes for commercial insurance.

Global Relationships

UN/CEFACT TBG8 (Insurance) group to ensure consistency w ith developing global standards,
TBG8/P6 to harmonise with the requirements of ACORD and CSIO

Organisation

The Commercial Business project was proposed in January 2004 and launched in April 2004. Currently the group is analysing the requirements for commercial motor insurance including motor fleets.

Participation by commercial insurance experts is welcome. For more information please contact the project convenor (Dr. Manuel Reimer, VDV, Germany).