An EU General Data Protection Guide for the Insurance and Financial Services Sector

By Daniella Terruso on October 19, 2016

Posted in International, Privacy Regulation

To help prepare for the application of the European regulation on the protection of individuals with regard to the processing of personal data and on the free movement (the EU General Data Protection Regulation or GDPR), which will enter into force on May 25, 2018, Guy Soussan, Philip Woolfson, and I authored a commentary on the GDPR titled “The GDPR from an Insurance and Financial Mediation Perspective” targeted to the insurance and financial services sector, including their intermediaries.

This commentary, commissioned by the European Federation of Insurance Intermediaries (Bipar), has been prepared in cooperation with Bipar specifically to identify relevant provisions of the new legislation as they apply to intermediaries in the widest sense of the term: re/insurance brokers, agents and Independent Financial Advisers (IFAs). It explains data protection law in light of the changes brought about by the GDPR and includes a checklist to summarizes the legislation and its application to intermediaries.

Stewart BakerPartner

Stewart Baker’s career has spanned national security and law. He served as General Counsel of the National Security Agency, Assistant Secretary for Policy at the…

Stewart Baker’s career has spanned national security and law. He served as General Counsel of the National Security Agency, Assistant Secretary for Policy at the Department of Homeland Security, and drafter of a report reforming the intelligence community after the Iraq War. His legal practice focuses on cyber security, CFIUS, export controls, government procurement, and immigration and regulation of international travel.

Michael VatisPartner

Michael Vatis has spent most of his career addressing cutting edge issues at the intersection of law, policy, and technology. Michael’s practice focuses on Internet…

Michael Vatis has spent most of his career addressing cutting edge issues at the intersection of law, policy, and technology. Michael’s practice focuses on Internet, e-commerce, and technology matters, providing legal advice and strategic counsel on matters involving privacy, security, encryption, intelligence, law enforcement, Internet gambling, and international regulation of Internet content.

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An EU General Data Protection Guide for the Insurance and Financial Services Sector

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