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PRIVACY POLICY

This document illustrates the Privacy Policy for this Website, Dynamic Insurance Brokers.

Personal Information

The privacy policy illustrates how Dynamic Insurance Brokers protects the information that is provided to it by its users.
Dynamic Insurance Brokers will not sell or rent its user’s personal identifiable information to third parties.

Sharing Information

Dynamic Insurance Brokers may send personal identifiable information about its users to other companies or third parties should there be a need to share the user’s information in order to provide the product or service the user has requested.
Furthermore, the only information Dynamic Insurance Brokers will ever disclose to third parties is aggregate information about its users. Aggregate information will not identify the website’s users and will only identify the user’s population in general terms.

Electronic Communication

The user consents to the website’s agreements, notices and disclosures by visiting the website and receiving electronic information or communication by electronic means and this indicates that any legal requirements has been satisfied.

Changing of Information

Dynamic Insurance Brokers reserves the right to change the Privacy Policy on an ad hoc basis at its sole discretion. Dynamic Insurance Brokers is not responsible for the content or privacy practices of non-Dynamic Insurance Brokers websites to which it refers.

Contact Information

Should you not be satisfied with the information or should any information be found to be untrue or incorrect, please notify Dynamic Insurance Brokers on the following email address: insurance@dynamicib.co.za

Why the POPI Act matters

The right to privacy is enshrined in Section 14 of South Africa’s Constitution and we understand it to be a vital human right. It states:

“Everyone has the right to privacy, which includes the right not to have –

  • (a) their person or home searched;
  • (b) their property searched;
  • (c) their possessions seized;
  • (d) the privacy of their communications infringed.”

It’s the last part of the abovementioned list that is becoming a growing concern. All around the world more and more focus is being placed on protecting private information as countries and governments are setting new laws to ensure the safety of their citizen’s information online.

In an age where information is growing at an exponential rate, no digital exchange of information can be left unprotected. For this reason, the Protection of Personal Information (POPI) Act comes into full effect from the 1st of July 2021.

Non-compliance could carry hefty fines, but as with most regulatory pieces of legislation, compliance is more than just a box to tick. Let’s consider why personal information should be protected:

1. It builds confidentiality

Protection of data is very much a protection of the information that people hold as important. By capturing, storing, and processing personal information, you are essentially guaranteeing the confidentiality of your transactions with the other party.

Confidentiality is built upon when you can guarantee that none other than you yourself are able to access and process the information you store. Having a secure database stored with good encryption on your servers is a good way to keep to the promise of security you give to your customers/clients.

2. It ensures the integrity of information

In a similar vein, data protection ensures that data remains accurate and integrous. Your customers/clients need to be sure that all their data is current and accurate, and that no manipulation of the data can take place.

Furthermore, to ensure the integrity of information, the data needs to be frequently backed up while remaining synchronous (i.e. whenever a change is made that change must reflect in the backup in as little time as possible).

Safeguards can also be put in place to ensure that no data is duplicated or stolen.

3. It leads to trust

With regard to information storage and access, trust is built when your data subjects know that their data will always be available when and where they need it. Readily available data and the ability to request changes to the data with little to no delay are ways to build trust and assure data subjects that you are handling their data ethically.

At the end of the day, how you handle information is a question of ethics. What the POPI Act brings is a sense of relief in a modern age that there will be repercussions for the mismanagement of data and that there is greater regulation of data management.

Soon the everyday consumer will have a lot more protection against unwanted marketing and unethical data practices – practices that have been allowed to go on for too long. For those who are still lagging behind, the time is ticking and failure to become fully POPI Act compliant could hold serious consequences. Make sure to get your matters in order before 1 July 2021.

References

  • The Constitution of South Africa

This article is a general information sheet and should not be used or relied on as legal or other professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your legal adviser for specific and detailed advice. Errors and omissions excepted (E&OE)

Disclaimer

Dynamic Insurance Brokers has, and will continue to take reasonable care to ensure that all information, in so far as this is under its control, provided on this website is true and correct.
Dynamic Insurance Brokers shall not be responsible for, and therefore disclaims any liability for, any loss, liability, damage (whether direct or consequential) or expense of any nature whatsoever which may be suffered as a result of or which may be attributable, directly or indirectly, to the use of or reliance upon any information, links or service provided through this website.
There is no warranty of any kind, expressed or implied, regarding the information or any aspect of this service. Any warranty implied by law is hereby excluded except to the extent such exclusion would be unlawful.

Links to other sites

Our website contains links to other sites. Please be aware that Dynamic Insurance Brokers is not responsible for the privacy practices of such other sites. We encourage users to be aware when they leave our site and to read the privacy statements of each and every website that collects personally identifiable information. This privacy statement applies solely to information collected by this website.