13000+
Loss events
8bn+
Total loss (€)
20+
Insurers participating
Access global operational risk data
Established in 2015, the Global Insurance Loss Data Service now has more than 20 members from around the globe.
Created with the support of our insurance members, this service lets insurance firms exchange operational risk loss data in a completely secure and anonymised way through our bespoke Insight system.
If your insurance firm is a member of ORX, then you have access to a wealth of data to support operational risk management and measurement. To be part of ORX's Global Insurance Loss Data Service you must be a member of ORX.
To ensure that our members receive high-quality data in a standard, comparable format, all data is submitted in line with the freely-available ORX Insurance Operational Risk Reporting Standards.
Benchmarking
Compare your institution to your global peers.
Decision-making
Get trusted data to improve decision making.
Scenario analysis
Use the data to generate and validate scenarios.
Information, guides and templates
If you're already part of the ORX Global Insurance Loss Data Service, then you can visit this page for further information and support for data submission, including data cycle dates, upload templates and user guides.
Insurance Operational Risk Reporting Standards
The Insurance Operational Risk Reporting Standards (I-ORRS) define the requirements for our insurance members to report operational risk losses to ORX.
ORX Membership
To join our Global Loss Data Insurance Service, you need to be a member of ORX. As well as access to industry-leading operational risk loss data, joining ORX gives you the chance to be part of global network of operational risk professionals working together to advance operational risk management.
