Privacy Policy
Introduction
Globe Underwriting Limited is committed to protecting your privacy. This Privacy Policy explains how Globe Underwriting Limited processes personal data. It sets out the types of personal data which we may collect from you or your representatives and explains why we need it, how we will use it and how long we may keep it for. Please read this Privacy Policy carefully and contact us if you have any queries using the details set out in the Contact Details section at the end of this Privacy Policy.
We will use “Globe”, “we” or “us” in this Policy to refer to the relevant. Where we use the word “insurance”, it will also mean reinsurance.
Data Controller
Globe Underwriting Limited is a company authorised by an insurer or managing agent to enter into a contract or contracts of insurance. These contracts are underwritten by an insurer or members of a syndicate managed by a managing agent in accordance with the terms of a binding authority. Globe Underwriting Limited is an Appointed Representative for Ed Broking LLP, which is authorised and regulated by the Financial Conduct Authority in respect of general insurance business. The General Data Protection Regulation (GDPR), which came into force on 25 May 2018, imposed particular responsibilities for protecting personal data upon data controllers. Data controllers are the organizations or persons who decide the purposes for which personal data is processed and the way in which this is carried out. The identity of a data controller depends on a particular business relationship involved. However, Globe who underwrite or administering an insurance contract or administering a claim under an insurance contract will normally act as the data controller so in this case, your data controller will normally be Globe Underwriting Limited. Globe may act as joint data controller with another company and where this is the case, we ensure that there is an arrangement in place to set out our respective responsibilities under GDPR.
About the Insurance Market
Insurance involves the use and disclosure of personal data by various insurance market participants such as brokers, other intermediaries, insurers and reinsurers. The London Insurance Market Core Uses Information Notice sets out those core necessary personal data uses and disclosures. Our core uses and disclosures are consistent with the London Insurance Market Core Uses Information Notice. We recommend you review this notice using the below link:
www.londonmarketgroup.co.uk/gdpr
Categories of Personal Data Processed by Globe
The types of personal data processed by Globe will depend on the nature of our individual business relationships. The type of personal data which we need to collect and use will also vary according to the particular stage of the insurance transaction life cycle involved. Those stages range from our customer due diligence and set up, initial discussions about insurance requirements, seeking insurance quotations and indications, concluding insurance contracts and the underwriting and administering of those contracts and handling any claims.
The main categories of personal data processed by Globe per stage of the insurance life cycle are set below. However, it is important to note that there may be case by case variations.