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Amendments to Article 7 of the Regulations Governing Business Solicitation, Policy Underwriting and Claim Adjusting of Insurance Enterprises

The FSC announced the amendments to Article 7 of the aforementioned Regulations on April 1, 2019, stipulating that insurers must include consumer personal information storage method, storage period and destruction operations in the internal underwriting system and procedure. In addition, to be in accordance with Paragraph 3 of Article 11 of the Personal Information Protection Act and Article 21 of the Enforcement Rules of the Personal Information Protection Act, the storage period and methods for reasonable use of consumer personal information by insurers were stipulated.
Visitor: 251   Update: 2019-05-21