Department of Treasury TRIP Section 111 Data

Department of Treasury TRIP Section 111 Data

2017 Data Collection Template and Instructions

Under Section 111 of the Terrorism Risk Insurance Program Reauthorization Act of 2015, the Department of the Treasury is collecting data relating to the effectiveness of the Program, which it will use in connection with the reports that it must submit to Congress during the period the Program remains in effect.

For Calendar Year 2017, Treasury has developed four separate templates for the collection of data; the nature and size of the insurer's operations will determine which of these, if any, are applicable. Separate templates have been developed for insurers that fall within Treasury’s “small insurer” definition, for larger insurers that are not within that definition, for alien surplus lines insurers, and for captive insurers.

Data collection in 2017 is mandatory for insurers that participate in the Program. Participating insurers are required to report the data elements in the templates relating to Insurer Group Affiliations, Policies and Direct Earned Premium by Jurisdiction, Exposure Bases by Jurisdiction, and Reinsurance (Nationwide) no later than May 15, 2017. For the 2017 data collection only, the balance of any remaining information (requested only in the templates relating to insurers other than small insurers) must be provided no later than October 1, 2017.

Insurers will be able to use a web-based data collection facility using Secure File Transfer Protocol (SFTP) to submit the required data. In order to use this data collection facility to submit and certify the requested TRIP Section 111 Data, an insurer must first register with the facility. The registration process provides necessary security controls, both with respect to authenticating and safeguarding the information being submitted and for the general security of the data facility.

Registration for the 2017 data collection cycle is now open.

Further questions and requests for assistance should be submitted via email to: tripsection111data@iso.com.

Download the Registration Form here

The data reporting templates have been approved by OMB.

For additional information, please refer to the Treasury website.