Annual SIU Report
The Annual SIU Report is due by March 15 of each year.
Hard copies of the Annual SIU Report are not accepted. Data must be submitted via the Annual SIU Report application. The Annual SIU Report application can be found on the DFS Secure Portal.
DFS Portal
To access the Annual SIU Report application for the first time, your company must first designate a Trusted Source via the DFS Portal. The Trusted Source can, in turn, authorize other staff to have access to the application.
To access the DFS Portal, you must have a portal account. Select the DFS Portal button below to log into, or create, your portal account or to designate a Trusted Source. (You may need to disable any "pop-up" prevention software you have running before using this application.)
To get started please Log in to our secure Portal:
Important Information Regarding Annual Submission
- The Annual SIU Report should contain data for New York business only and show data reflecting the previous calendar year's activity.
- Insurers should file the Annual SIU Report if the insurer has an approved Fraud Prevention Plan on file with the Department. (Insurers must file a fraud prevention plan in accordance with Section 409(a) of the New York Insurance Law.)
- The due date of the report is March 15th. Failure to properly report could result in administrative actions and/or fines.
- Filers may save a draft version of the Report, logoff, and then return to the form for further data input. Upon submission, the filer will receive a Submission ID.
- Previously filed Annual SIU Reports may not be edited but may be resubmitted which will result in a new Submission ID. No submissions or resubmissions are permitted after May 1.
- Groups that have both Property and Casualty (P&C) and Accident and Health (A&H) affiliates that meet the Section 409 threshold must file separate Annual SIU Reports for the P&C and A&H companies.
- Each insurer's Annual SIU Report submission must be electronically approved by the SIU Manager and by an Executive Officer. The approval process is contained in the Annual SIU Report application.
- Each insurer must have a minimum of two (2) accounts to submit and signoff on the e-form. Each insurer must have a Trusted Source, a Reviewer - SIU Manager and a Reviewer - Executive. A reviewer may also be a Trusted Source. Insurers may create an additional "Submitter" account. The Trusted Source should approve additional users.
- At sign-up for account creation, each individual must identify a "Lead Company." All individuals (Trusted Source, Reviewer and Submitter) from a given group must use the same company (insurer name, NAIC Number) as the Lead Company in order to be able to access the submission.
- The "Lead Company" is the insurer, selected by the filer, that serves as the common link among all users accessing the same submission. The Lead Company also provides the submitter of the Annual SIU Report with the option to include any and all affiliates in the filing via a dropdown list. If an insurer has no affiliates, then that insurer is the Lead Company. Companies that are members of a holding company or group may file on behalf of the entire group via one filing or may make multiple filings. If a group wants to make multiple filings, then multiple Lead Companies must be selected.
- After the Report form has been completed and submitted to the Department, the SIU Manager and an executive officer of the insurer responsible for the operations of the Special Investigations Unit must log in to the portal to access the sign-off feature of the Annual SIU Report application and then sign off on the Report.