Agency Cyber Guide 3.0 The Big "I" Agents Council for Technology (ACT) has released an updated version of the free Agency Cyber Guide 3.0. Handling sensitive information is now one of the most critical responsibilities faced by insurance agencies. Independent insurance agents and brokers must properly collect and protect sensitive client information every day. This means complying with state and federal regulations as well as adhering to customer service best practice standards, and compliance with Data Privacy Laws as mandated in all Agency/Company contracts. The Gramm-Leach-Bliley Act ('GLBA') requires all “financial institutions� (including insurance agencies) to protect the personal information of customers. In addition, Louisiana recently passed the new National Association of Insurance Commissioners (NAIC) Model which is now known at the Louisiana Insurance Data Security Law (R.S. 22:2501-2511) which imposes significant data security requirements on all Louisiana licensees including independent insurance agents. IIABL has distributed Technical Advisory TA 345 which provides a detailed summary of the Louisiana Insurance Data Security Law (R.S. 22:2501-2511). Download TA 345 It is important that all insurance licensees (including independent insurance agents) review their obligations under Louisiana Insurance Data Security Law (R.S. 22:25012511), which can be found HERE. Please refer to this statute for details. The Agency Cyber Guide 3.0 includes streamlined navigation and provides an excellent user experience. Updated resources are available, including an expanded cybersecurity provider guide.
Louisiana Agent 4
