With TrustArc, Assurant underscores its commitment to protect the data of its consumers in APAC
Assurant, Inc. (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced it has achieved APEC Privacy Certification with TrustArc. The certification is based on a comprehensive set of requirements governing their global data transfers as outlined in the Asia-Pacific Economic Cooperation’s (APEC) Cross Border Privacy Rules (CBPR) framework.
Assurant worked with TrustArc to review and verify that they comply with the APEC requirements. As a component of the certification, TrustArc is also providing independent dispute resolution services to address privacy-related questions around customer data from users and ongoing access to privacy guidance.
By working with TrustArc, Assurant demonstrates its firm commitment in protecting the data privacy of its customers and building trust with customers, partners and other external organizations.
“We are delighted to announce our achievement of the APEC Privacy Certification to our customers and partners,” said Keith Meier, EVP and President, International at Assurant. “The certification demonstrates our commitment to preserve the trust of our clients to protect the data of the 16 million customers we serve in APAC. It further underscores our confidence in the continued profitable growth of our business in APAC.”
Jeff Hwang, country president, South Korea at Assurant, said, “This internationally recognised data privacy accreditation shows our capability to protect the data and privacy of our customers. As a CBPR certified company, we will continue to partner with industry-leading clients to provide a high level of customer service to protect consumers’ mobile devices.”
TrustArc CEO Chris Babel said, “We believe a strong data privacy management program is critical for companies to build customer confidence and ensure privacy compliance. We reviewed the privacy practices of Assurant to help ensure they meet the APEC privacy framework requirements and can demonstrate their privacy commitment to users, partners and regulators.”
Assurant, Inc. (NYSE: AIZ) is a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases. Anticipating the evolving needs of consumers, Assurant partners with the world’s leading brands to develop innovative products and services and to deliver an enhanced customer experience. A Fortune 500 company with a presence in 21 countries, Assurant offers mobile device solutions; extended service contracts; vehicle protection services; pre-funded funeral insurance; renters insurance; lender-placed insurance products; and other specialty products. The Assurant Foundation strengthens communities by supporting charitable partners that help protect where people live and can thrive, connect with local resources, inspire inclusion and prepare leaders of the future.
TrustArc automates the creation of end-to-end privacy management programs for global organizations. As the leader in privacy compliance and data protection, TrustArc is the only company to deliver the depth of privacy intelligence that’s essential for the growing number of privacy regulations in an ever-changing digital world. Headquartered in San Francisco, and backed by a global team across the Americas, Europe, and Asia, TrustArc helps customers worldwide demonstrate compliance, minimize risk and build trust. In 2019, TrustArc acquired Nymity to accelerate the development of its next-generation technology-driven privacy platform. For additional information visit www.trustarc.com
The Asia-Pacific Economic Cooperation (APEC) is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific. APEC's 21 members aim to create greater prosperity for the people of the region by promoting balanced, inclusive, sustainable, innovative and secure growth and by accelerating regional economic integration. APEC ensures that goods, services, investment and people move easily across borders. Members facilitate this trade through faster customs procedures at borders; more favorable business climates behind the border; and aligning regulations and standards across the region.
Director, International Communication