Insurance Data Security Model Law

Our Global Insurance Industry Year in Review is now in its 10th year. In this report, we discuss developments and trends in insurance industry transactions over the past year, with a particular focus on mergers and acquisitions, corporate finance, insurtech, the insurance-linked securities and convergence markets, as well as tax, regulatory and litigation developments.

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On August 17, 2016, the Cybersecurity Task Force (Task Force) of the National Association of Insurance Commissioners (NAIC) released for comment a revised draft of an Insurance Data Security Model Law (Model Law). This revised draft Model Law addresses comments received from regulators, industry participants and the public on the initial draft proposed by the