Thailand Recorder

Latest News From Thailand

General

OIC aims to amend personal data protection laws

Bangkok, OIC aims to amend personal data protection laws. Insurance business risk examination Mr. Adisorn Pipatworaphong, Deputy Secretary-General for Legal Affairs, Cases and Rights Protection Office of the Insurance Commission (Deputy Secretary-General for Legal Affairs) revealed that at the end of 2023 there was a Facebook fan page. and other social media posted the message: 'Broker of a famous insurance company. Smuggling millions of personal data names and selling them to criminals.' After that, the Technology Crime Investigation Division 5 investigated and arrested a former life insurance agent. Sell ??such personal information to third parties for personal gain. without the consent of the insured The Office of the OIC has investigated the facts and found that The said life insurance agent had committed an illegal act. Therefore, an order has been issued to revoke the license to be a life insurance agent of the person who committed the said offense. Thai General Insurance Association Association of Li fe Insurance Agents and Financial Advisors and the Thai Insurance Brokers Association Continuously raise the level of personal data protection in the insurance business. The conclusions are as follows. 1. Request that the association notify members to step up inspection and supervision of the behavior of individuals under them to comply with laws related to personal data protection. and do not use the insured's information for unlawful purposes. 2. The Office of the OIC deems it necessary to increase the intensity of supervision in the area of ??screening applicants for or renewal of licenses. By adding the law on personal data protection. In the training course/knowledge test for applying for and renewing an insurance agent/broker license. Including conducting risk-based inspections in the insurance business. 3. The OIC Office has raised the level of inspection of personal data protection. The inspection process begins with a self-evaluation form. And the results from the assessment will be used to assess risks related to the protection of personal information of the insured. and determine measures for further supervision of insurance companies. 4. The Office of the Consumer Protection Board will consider and approve the guidelines (Guideline) for the insurance business that the Office of the Insurance Commission and business associations have prepared to serve as a standard for the insurance business in dealing with personal data protection. appropriate By upgrading guidelines to prevent violations of personal data protection laws. For the insurance business It will make the protection of personal information in the insurance system effective. Promote public confidence in the insurance system and create a good image of the overall insurance industry. Source: Thai News Agency