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Enhanced Cybersecurity Requirements Coming May 1

Abstract: All New York regulated financial services companies, including insurance agencies, must implement additional cybersecurity procedures by May 1. Body: ​All New York regulated financial services companies, including insurance agencies, must implement additional cybersecurity procedures by May 1. These requirements are part of the 2023 amendments the New York State Department of Financial Services (DFS) made to the state's financial services cybersecurity requirements.While most Big I New York member agencies have fewer than eight employees and do not have a staff person known as a “system administrator," some may have one who performs some administration functions. A system administrator has special systems access, allowing them…

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If You’re Not at the Table, You’re On the Menu: Amplify Your Voice with IAPAC

Abstract: Through the Independent Agents Political Action Committee (IAPAC), Big I New York supports and connects with lawmakers who value the insurance industry and advocate for policies that foster a healthy insurance ecosystem. Body: ​As community and business leaders, attending networking events and supporting important causes boosts your visibility, strengthens relationships, and reflects your values and priorities. The same is true in the political arena.Through the Independent Agents Political Action Committee (IAPAC), Big I New York supports and connects with lawmakers who value the insurance industry and advocate for policies that foster a healthy insurance ecosystem.  A strong IAPAC is essential because it gives Big I…

Continue ReadingIf You’re Not at the Table, You’re On the Menu: Amplify Your Voice with IAPAC