Non Disclosure Agreement (Insurance) Template for Denmark

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Non Disclosure Agreement (Insurance)

Document background
This Non-Disclosure Agreement (Insurance) template is designed for use in the Danish insurance market when parties need to exchange confidential information in the context of insurance operations, underwriting, claims processing, or related business activities. It is particularly relevant when sharing sensitive data such as policyholder information, claims history, actuarial data, or proprietary insurance models. The document ensures compliance with Danish law, including the Danish Financial Business Act and Data Protection Act, while addressing specific requirements of the insurance sector. This NDA should be used whenever insurance companies, brokers, service providers, or consultants need to access or share confidential insurance-related information in Denmark.
Suggested Sections

1. Parties: Identification of the parties entering into the NDA, including full legal names, registration numbers, and addresses

2. Background: Context of the agreement, nature of the insurance business relationship, and purpose of sharing confidential information

3. Definitions: Clear definitions of key terms, especially 'Confidential Information', 'Trade Secrets', 'Personal Data', and 'Insurance Information'

4. Scope of Confidentiality: Detailed description of what information is considered confidential and covered by the agreement

5. Obligations of Receiving Party: Specific duties regarding handling, storing, and protecting confidential information

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including regulatory requirements

7. Data Protection Compliance: GDPR and Danish Data Protection Act compliance requirements

8. Security Measures: Required technical and organizational measures for protecting confidential information

9. Duration and Survival: Term of the agreement and provisions that survive termination

10. Return or Destruction of Information: Requirements for handling confidential information upon termination

11. Breach and Remedies: Consequences of breach and available remedies

12. Governing Law and Jurisdiction: Specification of Danish law application and jurisdiction

Optional Sections

1. Separate Processing Agreement: Required when the sharing involves systematic processing of personal data under GDPR

2. Third Party Access: Include when either party may need to share information with authorized third parties

3. International Transfer Provisions: Required when confidential information may be transferred outside the EU/EEA

4. Insurance-Specific Handling Requirements: Include when dealing with specific types of insurance data requiring special treatment

5. Audit Rights: Optional section granting rights to audit compliance with the NDA

6. Non-Solicitation Provisions: Include when there's a risk of employee or client poaching

7. Separate Confidentiality Requirements for Employees: Include when employees will have direct access to confidential information

Suggested Schedules

1. Schedule 1 - Categories of Confidential Information: Detailed list of types of confidential information covered

2. Schedule 2 - Authorized Recipients: List of individuals or roles authorized to access confidential information

3. Schedule 3 - Security Protocols: Specific technical and organizational security measures required

4. Schedule 4 - Data Processing Requirements: Detailed GDPR compliance requirements if applicable

5. Appendix A - Contact Points: List of key contacts for confidentiality and security matters

6. Appendix B - Incident Response Plan: Procedures for handling potential data breaches or unauthorized disclosures

Authors

Relevant legal definitions
Relevant Industries
Relevant Teams
Relevant Roles
Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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