The IRO and State Insurance Regulatory Authority (SIRA) have entered into a Memorandum of Understanding (MoU) consistent with the relevant laws and privacy standards.
The MoU sets out the agreed understanding of a framework for cooperation between IRO and SIRA in exchanging information essential for the effective and efficient performance of our respective legislative functions.
In drafting the MoU, IRO and SIRA commissioned a Privacy Impact Assessment (PIA) to evaluate the privacy impacts of sharing personal information between the two agencies. The PIA made recommendations which have been incorporated into the MoU and which are being implemented by each agency.
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