NY| The Excess Lines Association of New York (ELANY) issues Bulletin 2019-30 announcing their offer to pay for one year of CyberCompass™ for eligible members.
ELANY will pay for a one-year subscription for eligible members to CYBERCOMPASS™, an automated, cloud-based (no downloads) online compliance tool that will permit New York-licensed excess line brokers to create a Risk Assessment, identify vulnerabilities for remediation, produce individualized cybersecurity policies and procedures, manage third party service providers, assist in filing annual compliance certifications, and produce a compliance checklist for your benefit. While CYBERCOMPASS™ is focused on ensuring you are compliant with the DFS regulation, the system will permit you to go beyond just compliance and formulate a truly robust cybersecurity protection structure for your firm.
ELANY Bulletin 2019-09, November 4, 2019
NY Surplus Lines brokers that have filed a policy or endorsement for stamping with ELANY since January 1, 2018, are eligible for one account at ELANY’s expense.