DATE: June 1, 2007
TO: All Insurers and Third Party Filers
RE: SERFF Mandated, effective October 1, 2007
The District of Columbia Department of Insurance, Securities and Banking will require all insurance products forms and rate/rule filings to be transmitted via SERFF.
This requirement will enhance speed-to-market, cost effectiveness, efficiency and computerized organizational record keeping.
SERFF v5 has made implementation procedures faster and easier. The cost is inexpensive and there are only three requirements:
- Internet Explorer
- Transaction Fee (range $6.00-$15.00)
- Adobe Acrobat (professional version recommended) to convert Word or Excel documents to PDF. Not all users need Adobe Acrobat, but again it is needed to convert documents to PDF, which most states require because of the security of a PDF. Adobe Acrobat reader is free.
There is no license fee for SERFF. Terms and agreements must be accepted for all users by a company officer. A Data Hoster is an optional business requirement.
Insurance Examination Manager Jamai Fontaine, (202) 442-7782, email@example.com Supervisory Actuary Robert Nkojo, (202) 442-7757, firstname.lastname@example.org. You should also contact The NAIC SERFF Marketing Team for any assistance you may require at email@example.com.