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Insurance Confidentiality Agreement
"I need an Insurance Confidentiality Agreement for my New Zealand-based insurance brokerage firm to use with external actuarial consultants who will be accessing our underwriting data and customer information starting March 2025."
1. Parties: Identification of the parties entering into the agreement, including full legal names and registered addresses
2. Background: Context of the agreement, relationship between parties, and purpose of sharing confidential information in the insurance context
3. Definitions: Detailed definitions including 'Confidential Information', 'Insurance Business', 'Regulatory Requirements', 'Permitted Purpose', and other key terms
4. Scope of Confidential Information: Detailed description of what constitutes confidential information in the insurance context, including customer data, underwriting information, and business processes
5. Obligations of Confidentiality: Core confidentiality obligations, including use restrictions, security measures, and standard of care
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including regulatory requirements and legal obligations
7. Data Protection and Security: Specific measures required to protect confidential information, including physical, electronic, and procedural safeguards
8. Regulatory Compliance: Obligations to comply with relevant insurance and privacy regulations
9. Return or Destruction of Information: Requirements for handling confidential information upon termination or request
10. Breach Notification: Procedures for reporting and handling confidentiality breaches
11. Term and Termination: Duration of confidentiality obligations and termination provisions
12. General Provisions: Standard clauses including governing law, jurisdiction, and entire agreement
1. Internal Controls: Specific internal control requirements for larger organizations or when dealing with highly sensitive insurance data
2. Audit Rights: Rights to audit compliance with confidentiality obligations, recommended for high-value or high-risk relationships
3. Insurance Requirements: Specific insurance coverage requirements for confidentiality breaches, relevant for high-risk situations
4. Cross-Border Data Transfers: Provisions for international data transfers, needed when parties operate across multiple jurisdictions
5. Disaster Recovery: Specific provisions for maintaining confidentiality during disaster recovery, important for business-critical relationships
6. Subcontractor Obligations: Requirements for subcontractors handling confidential information, needed when subcontracting is permitted
1. Schedule 1 - Categories of Confidential Information: Detailed list of specific types of confidential information covered by the agreement
2. Schedule 2 - Security Requirements: Technical and organizational security measures required for protecting confidential information
3. Schedule 3 - Authorized Representatives: List of individuals authorized to receive and handle confidential information
4. Schedule 4 - Data Handling Procedures: Specific procedures for handling different types of confidential information
5. Appendix A - Confidentiality Acknowledgment Form: Form to be signed by individual employees or representatives accessing confidential information
6. Appendix B - Breach Reporting Protocol: Detailed procedures for reporting and managing confidentiality breaches
Authors
Permitted Purpose
Authorized Representatives
Insurance Business
Regulatory Requirements
Permitted Disclosures
Security Breach
Customer Data
Underwriting Information
Claims Information
Proprietary Information
Trade Secrets
Personal Information
Sensitive Information
Disclosing Party
Receiving Party
Affiliated Companies
Business Day
Confidentiality Period
Data Protection Laws
Insurance Products
Insurance Services
Policy Information
Premium Information
Reinsurance Information
Risk Assessment Data
Actuarial Data
Market Analysis
Security Requirements
Technical Information
Third Party
Representatives
Intellectual Property Rights
Notice
Privacy Laws
Related Entity
Restricted Information
Term
Territory
Data Protection
Information Security
Regulatory Compliance
Privacy
Permitted Use
Access Control
Breach Notification
Return of Information
Destruction of Information
Non-Disclosure
Insurance Compliance
Third Party Disclosure
Intellectual Property
Indemnification
Term and Termination
Governing Law
Dispute Resolution
Force Majeure
Assignment
Severability
Entire Agreement
Amendment
Notices
Waiver
Representations and Warranties
Survival
Remedies
Audit Rights
Insurance Requirements
Insurance
Financial Services
Healthcare
Professional Services
Technology
Banking
Risk Management
Consulting
Medical Services
Actuarial Services
Claims Management
Underwriting Services
Regulatory Compliance
Legal
Compliance
Risk Management
Underwriting
Claims Processing
Information Security
Data Protection
Operations
Business Development
Product Development
Customer Service
Information Technology
Privacy
Actuarial
Sales
Administration
Insurance Underwriter
Claims Manager
Compliance Officer
Risk Manager
Insurance Broker
Actuarial Analyst
Legal Counsel
Privacy Officer
Insurance Operations Manager
Chief Risk Officer
Business Development Manager
Insurance Products Manager
Claims Adjuster
Reinsurance Manager
Data Protection Officer
IT Security Manager
Insurance Sales Representative
Policy Administrator
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