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Business Continuity/Disaster Recovery
I received an email inquiring what a reasonable backup policy would be, given the following issues/constraints: Industry Best Practices; Fear for loss of data and inability to restore/replicate; and Costs…
NCIGF & NOLHGA Host Successful Gathering of Global Insolvency Officials
…Group (ReWG) is preparing to take up an advisory paper on insurance company resolution. We’ve been in close contact with FIO’s Alex Hart who chairs the group and I expect…
UDS Changes and Corrections
…available. 2011-10-18 UDS G format G Any recoveries or overpayments should be reflected as a negative amount with the proper transactions codes 310, 410 or 820. 2011-09-20 UDS B format…
NCIGF CEO ELECTED CHAIR OF GLOBAL POLICYHOLDER PROTECTION GROUP
…of Insurance Guarantee Schemes (IFIGS). Schmelzer, along with Peter Gallanis, president of the National Organization of Life and Health Insurance Guaranty Associations (NOLHGA), NCIGF’s life and health counterpart, together have…
Frequently Asked Questions
…the Order of Liquidation. Guaranty funds, coordinating with the receivers of the liquidating companies, work hard to avoid any interruption in periodic benefits that are being paid to claimants, such…
Guaranty Funds Safeguard Consumers When Insurance Companies Fail
…is ordered liquidated. The role of the guaranty funds Guaranty funds are non-profit organizations created by statute for the purpose of protecting policyholders from financial losses and delays in claim…
Annual Conference
Event Summary: http://www.cvent.com/d/d6q7zh Registration: http://www.cvent.com/d/d6q7zh/4W Agenda: http://www.cvent.com/d/d6q7zh/6X…
IT Security – The Next Right Thing
…automated phishing and security training for users, buy something that does automated vulnerability scans/reports, create and follow a patching strategy (patching/reboots on Sunday afternoon), more robust monitoring, log aggregation, and,…
The Fruits of Cooperation: Joint Receivership, Guaranty Funds Effort Set To Streamline Insolvency-related Financial Reporting
…receivers and guaranty funds at no cost. Coinciding with the rollout of the D-record, the UDS TSG and UDS FTSG is undertaking a new UDS training program for the guaranty…