Investor Presentaiton
NOTIFICATION REQUIREMENTS | Reinsurers | § 38-99-40(E)
Reinsurer Type
Assuming Reinsurer with no
consumer relationship
Notification Requirements
Notify the affected ceding insurers and the
Director within 72 hours
Assuming insurers with consumer Notify consumers pursuant to Section 39-1-90
relationship
Assuming Insurers when a
cybersecurity event involves a
third party service provider
Ceding insurers with a consumer
relationship
Notice to the Producer of Record
Notify ceding insurers and Director within 72
hours of receiving notice from the third party
service provider
Notify consumers pursuant to Section 39-1-90
If cybersecurity event is with an insurer or
third party service provider and a consumer
accessed services through an independent
producer, insurer must notify the producers of
record of all consumers as soon as practicableView entire presentation