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Revolutionizing the Flow of Data

Working with 22 insurance companies and 16 benefits administration technology companies, LIMRA has developed the first set of data exchange standards focused on post-enrollment data for the employee benefits market.

The LIMRA Data Exchange Standards (LDEx) are designed to standardize the data exchanged between insurance carriers and benefits administration technology companies for non-medical employee benefits, which aim to reduce errors, drive consistency, and streamline the process.

Why?

As the number of employers moving from paper enrollment to online benefits enrollment grew, the workplace benefits market saw significant growth in the number of technology companies providing the various aspects of benefits administration through technology and the data being exchanged between these technology companies and providers. The new standards aim to support top-line revenue growth, increase speed to market, and help manage bottom-line expenses.  

Why LIMRA?

As an industry trade association with over 100 years of experience and reliability, we brought together workplace benefits insurance companies along with benefits administration technology companies at the right time to create a solution for the industry. Helping our industry come together is what we do best. 

Committee Members

The development of the standards would not be possible without the strong collaboration, dedication, and support from the LDEx committee and tiger team members. LIMRA would like to thank the LIMRA Data Exchange Standards Committee member companies for all of their contributions. We look forward to the continued creation of this shared solution for the workplace benefits industry.

ADP

 

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Related Resources

Become a Part of LIMRA Data Exchange Standards

For more information or if you wish to become an active contributor to the LDEx standards, contact:

InAh Chambers

Director, Member Relations and Sales - Workplace Benefits

Work Phone: (860) 298-3943

ichambers@limra.com