Open Insurance and Data Sharing Course
Online 300-hour course in open insurance and data sharing. 6 modules covering Regulation (EU) 2023/2854 (Data Act), the FIDA Regulation proposal (access to financial data) and OpenAPI/Swagger. Dedicated tutor assigned and enrolment open.
Open Insurance and Data Sharing Course — studying from the United Kingdom
Insurance and risk analysis are important sectors in the United Kingdom, with London's market, the City of London and Edinburgh's financial services hub employing large numbers of actuaries, risk analysts and data specialists. Engineering knowledge is increasingly valuable in assessing risk for vehicles, infrastructure, energy and emerging technologies. Insurers and reinsurers use modelling, catastrophe analysis and telematics data. Regulation by the Prudential Regulation Authority and the Financial Conduct Authority shapes professional practice in this area.
Fees for the United Kingdom: £373 (Pound sterling), with instalments and employer sponsorship available.
Relevant bodies in the United Kingdom
Typical roles
Questions from the United Kingdom
Which UK bodies relate to actuarial and risk qualifications, and does SEIUM's training count towards their exams?
In the UK, actuarial professional status is governed by the Institute and Faculty of Actuaries, which runs its own examinations and accreditation. SEIUM's training is not accredited by the IFoA or any national body, and it does not confer exemptions from those exams unless the IFoA itself decides so. Confirm exemption policies directly with the IFoA before enrolling.
Do UK insurers and risk firms hire people with private online engineering or data qualifications?
UK insurers and risk consultancies recruit on the basis of skills, experience and recognised credentials. A private qualification may support an application where it demonstrates applied data or risk modelling, but employers decide its value case by case. Practical project work often carries more weight, so present your final project clearly on your CV and in interviews.
How much study time is needed, and can I pay for it in instalments while working in the UK?
Programmes range from 300 hours for specialist courses to 1,900 hours for master's programmes, all delivered online in English. You are assigned a technical tutor for support. Fees are payable in instalments, and employer sponsorship is possible. Plan weekly study hours realistically, as the total hours are substantial for a part-time learner.
Take the controls.
Run a real engineering trade-off from this field. Move the sliders, watch the model react in real time and beat the challenge.
What you will be able to do
Define the concept of open insurance and its differences from open banking.
Interpret the European framework for access to and sharing of financial data.
Design a secure API architecture based on open standards.
Manage consent and permissions for access to customer data.
Identify business models based on data sharing.
Apply ethical and governance principles in the use of insurance data.
Prepare an open insurance use case proposal with its risk analysis.
Who it's for
- Insurance API architect looking to specialise in open insurance and data sharing.
- Data strategy manager looking to specialise in open insurance and data sharing.
- Data protection officer at insurers looking to specialise in open insurance and data sharing.
- Open insurance product manager looking to specialise in open insurance and data sharing.
- Financial data regulation consultant looking to specialise in open insurance and data sharing.
- Data ecosystem analyst looking to specialise in open insurance and data sharing.
- Engineering or science graduates seeking to enter insurance companies.
What you'll work with
- Regulation (EU) 2023/2854 (Data Act)
- FIDA Regulation proposal (access to financial data)
- Regulation (EU) 2022/868 (Data Governance Act)
- Directive (EU) 2015/2366 (PSD2)
- Regulation (EU) 2016/679 (GDPR)
- Regulation (EU) 2022/2554 (DORA)
6 modules · 300 h
1.1From open banking to open insurance1.2Portability of customer data1.3Open interfaces and their role1.4Actors: insurer, aggregator and third party1.5Use cases for the customer1.6Use cases for the insurer1.7Cultural and technical barriers1.8Sector vocabulary and acronyms1.9International overview of initiatives1.10Exercise: map of shareable data for a line of business
2.1Data protection and legal bases for processing2.2Consent: requirements and management2.3Right to data portability and its scope2.4Financial data access regulation2.5European data governance regulation2.6Insurer professional secrecy2.7Health data and special categories2.8Liability in the processing chain2.9International transfers2.10Practice: legal basis for a data exchange
3.1Application programming interface design3.2Common sector data models3.3Authentication and delegated authorisation3.4Consent management as a service3.5Interface security and encryption3.6Usage limits, control and traceability3.7Data quality and standardisation3.8Versioning and compatibility3.9Observability and service level agreements3.10Practice: interface specification
4.1Monetising data access4.2Agreements between participants4.3Data-enabled embedded insurance4.4Comparison websites and their role4.5Disintermediation risk4.6Partnerships with mobility platforms4.7Sharing liability with the customer4.8Measuring value generated4.9Competitive and dependency risk4.10Practice: business model for a case
5.1Transparency with the customer about their data5.2Designing understandable consent5.3Risk of exclusion through profiling5.4Bias in models fed by shared data5.5Auditing data use5.6Data governance within the organisation5.7Incident management and notification5.8Relationship with the supervisor5.9Customer trust indicators5.10Practice: data governance policy
6.1Choice of use case and actors6.2Data and flow mapping6.3Regulatory analysis and legal basis6.4Interface specification6.5Consent design6.6Ecosystem business model6.7Governance and audit plan6.8Success indicators6.9Project report6.10Project defence
How you'll learn
100% online training on the SEIUM campus, with downloadable material, recorded classes and a dedicated technical tutor. No fixed timetable: students progress at their own pace within the intake, making it easy to combine with work.
Each module combines theory, guided reading of the original standard and applied exercises. The working software is OpenAPI/Swagger, Postman, Kong Gateway, Keycloak (OAuth 2.0), Apache Kafka, in free, academic or evaluation versions. Tests are studied using real procedures for data API design for policies, consent and delegated access testing, and data protection impact assessments. Assessment is continuous per module plus the final integrative project.
Build it end to end
Your final project follows the real engineering workflow, step by step, reviewed by your tutor.
Define the concept of open insurance and its differences from open banking.
Interpret the European framework for access to and sharing of financial data.
Design a secure API architecture based on open standards.
Manage consent and permissions for access to customer data.
Identify business models based on data sharing.
Where this takes you
Requirements
- No prior degree required.
- Internet connection and a computer capable of running the programme's software.
- Sufficient level of Spanish to follow technical regulatory texts.
Ready to start?
Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.
Frequently asked questions
The programme totals 300 hours, spread over 3 to 5 months. That is between 10 and 15 hours per week on average, compatible with a full-time job.
You will work with OpenAPI/Swagger, Postman, Kong Gateway, Keycloak (OAuth 2.0), Apache Kafka. Free, academic or evaluation versions are used, and the tutor indicates the open-source alternative where one exists.
An own diploma from SEIUM upon passing the continuous assessment and the integrative project. This is in-house training, not an official qualification from the Ministry.
Yes. Modules passed in a course or postgraduate diploma in the same area can be credited towards the advanced programme. Please check the credit transfer policy when you enrol.
Related programmes
Course in Microinsurance Applied to Urban Transport
Online 300-hour course in microinsurance applied to urban transport. 6 modules covering the IAIS Application Paper on Inclusive Insurance (2012), Directive (EU) 2016/97 on insurance distribution…
Course in Smart Contracts in Mobility Insurance
Online 300-hour course in smart contracts in mobility insurance. 6 modules covering Regulation (EU) 2023/2854 (Data Act, smart contract requirements), Regulation (EU) 910/2014 (eIDAS) and Solidity.…
Course in Artificial Intelligence for Insurance Fraud
Online 300-hour course in artificial intelligence for insurance fraud. 6 modules covering Regulation (EU) 2024/1689 on artificial intelligence, Regulation (EU) 2016/679 (GDPR) and Python (scikit-learn, XGBoost).…
More in Insurance, Risk & Actuarial Data
All Insurance, Risk & Actuarial Data programmes → · How to apply · Fees & financing · Scholarships