KM Insurance Agency, Corp. Privacy Policy for 2018

 

I.                     Introduction: As a current customer or broker of KM Insurance Agency, Corp. also known as KMI Agency, we would like to take this opportunity to both thank you for your business and to share with you the importance KMI Agency places upon protecting the privacy of information that has been gathered from you in accordance with applicable state and federal laws. KM Insurance Agency, Corp. is a member of the insurance services industry and, as such, KMI agency has been and continues to be subject to federal and state privacy laws regarding the collection and exchange of your information. The following is KM Insurance Agency, Corp.’s privacy policy regarding the customer and insurance broker information we collect. Contained in this privacy policy you will find (1) an explanation of the types of information KM Insurance Agency, Corp. collects from our clients and if applicable brokers and the means used to collect such information, (2) an explanation of how KM Insurance Agency, Corp. shares the information collected from our clients/brokers and (3) an explanation of how KM Insurance Agency, Corp. protects client/broker information.

II.                     Information KM Insurance Agency, Corp. collects and the means used to collect: KM Insurance Agency, Corp. collects information about our customers/brokers that is necessary to provide those services usual and customary to independent insurance agents. KM Insurance Agency, Corp. collects this necessary information from the following sources:

 • Information we receive from you on applications or other forms, this information may include, but is not limited to, your name, address, and date of birth.

 • Information about our clients’ transactions with us; this information may include, but is not limited to, claims and payment history.

III.                   How we share client information with non-affiliated third parties: We don’t share information about our customers/brokers or former customers/brokers with nonaffiliated third parties other than as permitted or required by law. For example, KM Insurance Agency, Corp. may share all of the information listed above with non-affiliated third parties for, including but not limited to, the following reasons:

• Information that is necessary to service or process the insurance needs of our clients and brokers, in a manner that is consistent with the usual and customary services provided by or for independent insurance agents. Such usual and customary services or processes provided by KM Insurance Agency, Corp. to its customers include but are not limited to underwriting, shopping the renewal, rating, placement, and providing quotes for insurance that is germane to the coverage the customer places with KMI Agency.

 • Information that is necessary to protect the confidentiality or security of KMI Agency client’s records

• Information that is necessary to resolve client disputes or inquiries

• Information that is required by individuals or entities who are assessing our legal compliance.

 • Information that is required for KM Insurance Agency, Corp. to comply with the law.

• Information that is necessary to protect against or prevent fraud, unauthorized transactions, claims, or other liability

IV.                   How we share client information with affiliated parties: We do not share client information with any affiliate.

V.                    Our practices regarding information confidentiality and security: We maintain physical, electronic, and procedural safeguards to guard your information. These safeguards include but are not limited to the following:

• We restrict access to nonpublic personal information about our clients/brokers and former clients/brokers to those employees who need to know that information in order to assist in providing services or products to the customer or broker.

• We will punish any employees who impermissibly share client/broker information.

• We use a secure Internet and e-mail provider to protect the confidentiality of electronic communications. KM Insurance Agency, Corp. appreciates your business and in order to continue building upon that relationship we believe it is necessary, not only from a legal standpoint, but also as a sound business practice that our customers and brokers understand the care KMI agency uses in handling your information and  will continue to monitor the effectiveness of this privacy policy.