What is a serff filing?

What is a serff filing?

ABOUT THE SYSTEM FOR ELECTRONIC RATE & FORM FILING (SERFF) The form submittal, document management and review access provided by the platform accelerates the pace of market-entry for new and renewing products, while ensuring compliance with consumer protection requirements.

What does serff mean?

the system for electronic rate and form filing
SERFF means the system for electronic rate and form filing. SERFF is a proprietary NAIC computer-based application that allows insurers and other entities to create and submit rate, rule and form filings electronically to the commissioner.

How do I withdraw a serff filing?

To request to make a change to a form filing after it has been accepted for review: You must send a Note to Reviewer requesting to make a change to any SERFF field or to replace, modify, add, amend, or withdraw a form after it has been accepted for review.

What are rate filings insurance?

What Are Health Rate Filings? California law requires insurers to file and justify any proposed health insurance rate change for individual or small group (100 or fewer employees) health insurance policies.

How do you respond to an objection in serff?

Click button located next to the Objection Letter on the Filing Correspondence tab. This will generate your Response Letter. SERFF will automatically pull all Draft Schedule Items (the filing revisions) into the Response Letter.

What is a good form submit rate?

According to a post by Search Engine Land, the average B2B form completion rate is 2.23% (form submissions to page views). The top 10% are converting at a rate of 11.7%. That’s 532% better conversion rate between the average and the best.

What is average form submission rate?

In fact, most forms only have one field. With 85% of forms having two or fewer fields, it’s pretty clear that brands don’t want to risk asking for too much information, too soon….How many fields should your form have?

Number of fields Average conversion rate
3 2.69%
4 2.61%
5 2.60%

What is file and use in insurance?

File-and-use rating laws allow the insurer to immediately use the new rates, with the insurance regulator having the option to strike down any rate change if it determines that the change cannot be justified.

Do I need file SI 550 every year?

In essence, every California stock company, an agricultural cooperative, and foreign corporation registered in California are required to file the SI 550 with the California Secretary of State: Within 90 days following their registration for the first time. Then, every year based on the entity’s registration date.

Where do I send my California statement of Information?

The completed form along with the applicable fees can be mailed to Secretary of State, Statement of Information Unit, P.O. Box 944230, Sacramento, CA 94244-2300 or delivered in person (drop off) to the Sacramento office, 1500 11th Street, Sacramento, CA 95814.

How do I increase my fill rate?

While you can’t read the minds of your respondents, there are a few things you can do to increase your form conversion rate.

  1. Decrease the number of form fields strategically.
  2. Remove unnecessary form fields.
  3. Focus on the form’s value to your audience.
  4. Make forms easy to fill out.

What is considered a good CVR?

A good conversion rate is between 2 percent and 5 percent. The thing with conversion rate is that even a jump of 0.5 percent can be a big deal. Moreover, we must mention that the top brands enjoy better results.

What is file and use guidelines?

What is SERFF filing access (SFA)?

SERFF Filing Access (SFA) is now in production for an increasing number of states. This new interface provides consumers and other interested parties the ability to access Rate and Form Filings via the Internet that the participating state has marked available.

Does the insurance compact participate in SERFF filing access?

For more information for the Insurance Compact Commission’s participation in SERFF Filing Access, please click here. If you have any questions on how to use SFA, please feel free to email [email protected] or call (816) 783-8990. The following states have filing access through SERFF.

What filings are available for review?

Available for review are life and health filings that have been approved on or after November 1, 2014, and all property and casualty filings. You may review those filings by clicking “Begin Search” above.