Blog – Page 209 – Big I Tri-County

LCG, Big I NY Cybersecurity Support Partner, May Contact You Regarding Third-Party Service Provider Due Diligence

Post category:News Solutions

Big I New York recently shared our list of third-party service providers (TPSPs) with LCG, our cybersecurity support partner. LCG may contact you and provide a secure link to the due diligence questionnaire online. Please fill out this form if you are contacted by LCG. Upon completion, you will receive a copy of the completed TPSP form for your own use, and a completed TPSP form from IAAC. Questions? Contact Andrew Frisbie(832) 730-2852 - Directafrisbie@lcgdiscovery.com Source

On Our Mind: The Three F’s…

Post category:Education News

By Jim Lombardo, CPCU, AAI, AIM, MBA, AVP of Learning & Development Many, many years ago, I had a manager whom I admired a lot. He seemed to have great relationships with all involved- peers, employees, carriers and clients. As my career progressed and I started to manage more and more people, and I had to deal with all of the responsibilities, challenges, rewards and, yes, silliness that comes with management, I often reflected back to what he once told me about the Three F's. He said, “Jim, you must always be Firm, Fair and Friendly!" To this day, I think that might be one of the…

Reminder: Cybersecurity Notice of Exemption is NOT Required Each Year

Post category:Industry News News

Judging from phone calls and emails we've been receiving, it looks like many Big I New York members are doing work they don't have to do, at least when it comes to New York's cybersecurity requirements for financial services companies regulation. The confusion seems to be around the requirement for individuals and business entities to file notices of exemption with the New York State Department of Financial Services. Therefore, we want to remind you: An agency or brokerage is not required to file a notice of exemption at all after filing the first one in 2019. If the business no longer qualifies for the limited…