Data is the lifeblood of the P&C insurance industry, influencing everything from underwriting and pricing to claims and risk management. This panel will explore the critical role of data standards and contribution in transforming the industry. Our panelists will discuss how data standards enable insurers to share insights, improve decision-making, and address industry-wide challenges. Attendees will gain a deeper understanding of why collective action is essential and how data standardization strengthens the insurance community and benefits all stakeholders—insurers, regulators, and policyholders alike.