1. IRI Ops & Tech 3-Year Roadmap
Developed by
IRI, the Ops & Tech Senior Steering Committee and IRI Ops & Tech Working Groups

2. The IRI Ops & Tech Community
The IRI Ops & Tech member community develops tomorrow’s annuity industry technology solutions and guides all member of the supply chain through implementation by:
Providing a forum for technology thought leadership
Connecting the industry ecosystem
Creating efficiency through standardization
Eliminating obstacles to accelerate adoption of automation

3. : Ops & Tech Acceleration
What have we been working on since last year’s conference?
Transparency
Engagement
Integration of Ops & Tech with Government, Legal & Regulatory Affairs
Formalize connection with ACORD, DTCC, OMR
Focus on Adoption
Expanded Working Groups
The IRI Ops & Tech 3-Year Technology Roadmap

4. IRI Ops & Tech Committee and Working Group Structure
IRI Ops & Tech Members
IRI Ops & Tech Senior Steering Committee
1035 Automation
E-Sign
License & Appointment
Question Standardization
Framework & Conformity
Conference Planning
In-Force Transactions

5. IRI Ops & Tech 3-Year Roadmap Summary
Thought Leadership and Industry Adoption!

6. 2016 Industry Focus DOL Fiduciary Rule
Interpretation
IRI DOL Fiduciary Working Group
Planning
IRI Implementation Task Force and Sub- Groups
Begin Execution
IRI Sub-Groups to Focus on Opportunities for Standardization
1035 Straight Through Processing
Distributor to Carrier Attachments
Carrier ACORD 951-E Adoption
Carrier to Carrier Money Settlement
Planning and Strategy for:
Carrier to Carrier Attachments
Ceding Carrier Data Integration with Order Entry Platforms

7. 2016 Industry Focus License & Appointment Automation
Planning and Strategy for:
L&A Automation Transaction Reference Model
Industry Information Sharing and Access Solution
Electronic Signature
Promote Distributor Technology Adoption
(18% of IRI Distributors)
Carrier Capability and Acceptance
(50% of IRI Carriers)

8. 2016 Industry Focus Question Standardization
‘Reason for Replacement’ Standardization
Approved Industry Proposal for the next ten (10) questions
In-Force Transaction Automation
Planning and Strategy for:
Transaction Submission Limitations
Identification of Recommended Transactions
Authorization Best Practices

9. Annuity Industry Synergy .
DTCC
ACORD
IRI
IRI: Automation Leadership in Planning and Adoption
DTCC: Standardized
Transaction Execution
Services .
ACORD: Form and Data Information Flow Standards

10. 2017 Industry Focus DOL Fiduciary Rule
Execution
IRI Sub-Groups to Focus on Opportunities for Standardization
1035 Straight Through Processing
Carrier to Carrier Attachments
Ceding Carrier Data Integration with Order Entry Platforms
Increased Adoption of
Distributor to Carrier Attachments
Carrier ACORD 951-E Adoption
Carrier to Carrier Money Settlement

11. 2017 Industry Focus Electronic Signature
Promote Distributor Technology Adoption
(goal: 60% of IRI Distributors)
Carrier Capability and Acceptance
(goal: 85% of IRI Carriers)
License & Appointment Automation
Pilot:
L&A Automation Transaction Reference Model
Industry Information Sharing and Access Solution

12. 2017 Industry Focus In-Force Transaction Automation
Question Standardization
Implement the Industry Proposal for the next ten (10) questions
Standardization in support the DOL Fiduciary rule
Address regulatory and compliance questions surrounding NAIC Replacement Form
In-Force Transaction Automation
Solution Implementation for:
Transaction Submission Limitations
Identification of Recommended Transactions
Authorization Best Practices
Track and Promote Adoption of Electronic In-Force Transactions

13. 2017 Industry Focus In-Force Transaction Automation Going Digital
Solution Implementation for:
Transaction Submission Limitations
Identification of Recommended Transactions
Authorization Best Practices
Track and Promote Adoption of Electronic In-Force Transactions
Going Digital
Initiate Working Groups for:
Fully Electronic Annuity Life-Cycle
Mobile Capability
Carrier System and Data

14. Annuity E-Signature Capability Projections (Percentage of IRI Membership)

15. 2018 and Beyond Industry Focus
1035 Straight Through Processing
Carrier to Carrier Status Messaging
Integration Across Distribution Channels
Increased Adoption of
Distributor to Carrier Attachments
Carrier ACORD 951-E Adoption
Carrier to Carrier Money Settlement
Carrier to Carrier Attachments
Ceding Carrier Data Integration with Order Entry Platforms
Electronic Signature
Promote Distributor Technology Adoption
(goal: 82% of IRI Distributors)
Carrier Capability and Acceptance
(goal: 95% of IRI Carriers)
Transaction Volume
(goal: 30% of transactions)

16. 2018 and Beyond Industry Focus
License & Appointment Automation
Industry-Wide Adoption:
L&A Automation Transaction Reference Model
Industry Information Sharing and Access Solution
Question Standardization
Complete regulatory/compliance clarifications and proposals identified in the 2014 gap analysis

17. 2018 and Beyond Industry Focus
In-Force Transaction Automation
Track and Promote Adoption of Electronic In-Force Transactions
Going Digital
Fully Electronic throughout the Annuity Life-Cycle
On-Demand, Interactive User Experience
Mobile Capability

18. This is Your Opportunity
Everyone and everything you need to learn more about industry automation initiatives is here at IRI Ops & Tech 2016
CONNECT. COLLABORATE. EXECUTE