INTERNATIONAL INSURER DEPARTMENT (IID) - NEW FILING SYSTEM FOR - PowerPoint PPT Presentation

INTERNATIONAL INSURER DEPARTMENT (IID) - NEW FILING SYSTEM FOR COMPANY FILERS

NEW IID PRESENTERS FILING • ANDY DALEO - SR. FINANCIAL ANALYSIS SYSTEM MANAGER • BOB SCHUMP – IID PROGRAM MANAGER FOR • JASON FARR – SR. REINSURANCE & IID COMPANY FINANCIAL ANALYST FILERS

HISTORY • PRIOR TO 2017 - ANNUAL FILINGS NEW IID SUBMITTED AS HARD-COPY PACKAGES FILING WITH FEES PAID BY PAPER CHECKS SYSTEM • 2017 - ELECTRONIC SUBMISSION OF FOR FILING DOCUMENTS AND FEE PAYMENTS VIA OPTINS COMPANY • 2020 - NEW FILING SYSTEM WILL FILERS ALLOW EASIER INPUT OF FINANCIAL INFORMATION

BENEFITS OF NEW SYSTEM • MICROSOFT ACCESS PLATFORM • ACCOMMODATIONS FOR NON-MICROSOFT USERS NEW IID • SYSTEM USED FOR RENEWALS AND APPLICATIONS FILING • EASILY DOWNLOADED TO INSURER’S COMPUTER SYSTEM • QUICK AND SIMPLE DATA ENTRY • AUTOMATED CROSSCHECKING OF DATA FOR • ELECTRONIC ATTESTATIONS COMPANY • SINGLE APPLICATION SOURCE FOR FINANCIAL FILERS REPORTING • UPLOAD CAPABILITIES FOR INVESTMENTS AND REINSURANCE DATA

IID FILING SYSTEM LINKS

• OPTINS AND THE NEW SYSTEM • THE NEW SYSTEM CONVERTS THE FILING TO NEW IID EXCEL FORMAT FOR UPLOAD TO OPTINS FILING • FOLLOWING UPLOAD THE COMPLETED ACCESS SYSTEM DATA REMAINS WITH COMPANY FOR • OTHER REQUIRED DOCUMENTS (I.E., AUDIT REPORT, LOSS CERTIFICATIONS, AND COMPANY BIOGRAPHICAL AFFIDAVITS) WILL CONTINUE TO FILERS BE UPLOADED AS BEFORE • PAYMENT OF FEES WILL CONTINUE TO BE PAID THROUGH OPTINS

GETTING STARTED

JURAT

INTERROGATORIES

BALANCE SHEET

INVESTED ASSETS

OTHER ASSETS

OTHER LIABILITIES

INCOME STATEMENT

PREMIUMS AND LOSSES

US PREMIUMS BY STATE

REINSURANCE CEDED

LOSS DEVELOPMENT

CYBER SECURITY DATA

FEDERAL FLOOD

ATTESTATION

TRIA

TRIA

NEW IID FILING • ANDY DALEO – ADALEO@NAIC.ORG SYSTEM • BOB SCHUMP – RSCHUMP@NAIC.ORG FOR • JASON FARR – JFARR@NAIC.ORG COMPANY FILERS