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Insurance Non Disclosure Agreement
"I need an Insurance Non Disclosure Agreement under Malaysian law for a partnership between our insurance company and a third-party claims administrator who will be processing sensitive claims data starting March 2025; the agreement should specifically address data protection requirements for medical information."
1. Parties: Identification of the parties entering into the NDA, including the insurance company and the receiving party
2. Background: Context of the agreement, relationship between parties, and purpose of sharing confidential information
3. Definitions: Detailed definitions of terms including 'Confidential Information', 'Insurance Business', 'Trade Secrets', and other relevant terms
4. Scope of Confidential Information: Detailed description of what constitutes confidential information in the insurance context
5. Confidentiality Obligations: Core obligations regarding the use, disclosure, and protection of confidential information
6. Data Protection Compliance: Specific obligations regarding personal data protection under Malaysian law
7. Security Measures: Required security measures for protecting confidential information
8. Term and Survival: Duration of the agreement and surviving obligations
9. Return or Destruction of Information: Requirements for handling confidential information upon termination
10. Breach and Remedies: Consequences of breach and available remedies
11. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction for disputes
1. Permitted Disclosures: Special circumstances where disclosure is permitted, used when specific exceptions need to be documented
2. Third Party Rights: Rights of third parties under the agreement, included when third parties may have access to information
3. Insurance Regulatory Compliance: Specific provisions relating to insurance regulatory requirements, used when dealing with regulated entities
4. Assignment and Succession: Rules regarding transfer of rights and obligations, included for long-term or complex relationships
5. Separate Agreements: Reference to other related agreements, used when part of a larger transaction
6. Digital Data Handling: Specific provisions for digital information, included when dealing with electronic data
7. Cross-Border Transfer: Provisions for international data transfer, used when involving multiple jurisdictions
1. Schedule 1 - Categories of Confidential Information: Detailed list of types of confidential information covered
2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle confidential information
3. Schedule 3 - Security Protocols: Detailed security measures and protocols to be followed
4. Schedule 4 - Data Processing Requirements: Specific requirements for processing personal data under PDPA
5. Appendix A - Form of Confidentiality Undertaking: Template for additional confidentiality undertakings by employees or subcontractors
Authors
Confidential Information
Disclosing Party
Receiving Party
Authorized Representative
Insurance Business
Trade Secrets
Proprietary Information
Personal Data
Business Day
Effective Date
Permitted Purpose
Security Measures
Confidentiality Undertaking
Insurance Products
Intellectual Property Rights
Policy Information
Claims Information
Actuarial Data
Underwriting Information
Customer Data
Financial Information
Business Plans
Technical Information
Marketing Information
Regulatory Information
Subsidiary
Affiliate
Professional Advisers
Group Company
Data Subject
Processing
Service Provider
Materials
Territory
Data Protection
Information Security
Non-Disclosure
Return of Information
Permitted Use
Regulatory Compliance
Insurance Compliance
Breach Notification
Remedies
Term and Termination
Survival
Indemnification
Governing Law
Dispute Resolution
Assignment
Notice
Severability
Entire Agreement
Amendment
Force Majeure
Third Party Rights
Waiver
Counterparts
Insurance
Financial Services
Healthcare
Professional Services
Information Technology
Risk Management
Financial Technology
Consulting
Banking
Legal Services
Legal
Compliance
Risk Management
Operations
Information Technology
Data Protection
Business Development
Underwriting
Claims Processing
Product Development
Actuarial
Customer Service
Finance
Audit
Partnership Management
Insurance Underwriter
Claims Manager
Compliance Officer
Legal Counsel
Risk Manager
Business Development Manager
IT Director
Chief Financial Officer
Actuarial Manager
Operations Director
Data Protection Officer
Chief Risk Officer
Insurance Broker
Product Development Manager
Partnership Manager
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