This fiscal is to continue funding a multi-year initiative to improve the SERFF platform. In 2025, life and property/casualty users will move into the platform. This request includes the addition of two headcount.

This fiscal includes the addition of five technical staff to support NAIC’s Capital Markets and Investment Analysis Office’s immediate and long-term development needs. 

This fiscal continues the development of the enterprise data platform. This phase will build upon previous phases which delivered a cloud-based platform populated with financial and regulatory data. This fiscal includes the addition of one headcount for development and ongoing system maintenance. 

This fiscal is responding to a Valuation of Securities (E) Task Force initiative to maintain credit assessments for various insurer-owned securities, specifically CLOs. This fiscal includes the addition of one headcount for analytical support.

This fiscal is to sponsor an upcoming long-term care insurance study with the Society of Actuaries. NAIC members will receive training as well as the study results from assisting with the expense of this study.

This fiscal is to secure funding for a proof-of-concept that will explore a third-party vendor solution to house and manage FDR’s technical infrastructure. This will demonstrate the vendor’s capabilities and potential benefits from utilizing their technology which will modernize the FDR platform.

This fiscal requests funding for a customer relationship management (CRM) system to improve member engagement and service quality. This will dramatically improve NAIC’s interactions with its members and data sharing by centralizing certain information and communications.

Recognizing the need for additional operational support, this fiscal includes the addition of eight headcount in a variety of areas including technology, regulatory services, and operations.