{"id":7947,"date":"2023-09-26T00:00:00","date_gmt":"2023-09-25T22:00:00","guid":{"rendered":"https:\/\/www.loyco.ch\/actualites\/new-data-protection-act-what-is-the-response-from-insurers\/"},"modified":"2024-07-30T15:10:51","modified_gmt":"2024-07-30T13:10:51","slug":"new-data-protection-act-what-is-the-response-from-insurers","status":"publish","type":"post","link":"https:\/\/www.loyco.ch\/en\/actualites\/new-data-protection-act-what-is-the-response-from-insurers\/","title":{"rendered":"New data protection law: how are insurers responding?"},"content":{"rendered":"

September 1, 2023 marked the entry into force of the new Swiss Data Protection Act(nLPD<\/a>), which aims to guarantee the security of Swiss citizens’ personal and sensitive data.
\nThis legislation has raised questions about the implications for companies and the associated risks when processing data on behalf of third parties. <\/strong>Our Loycomates, risk management experts Gr\u00e9goire Mottier<\/a> and Lionel Ducommun<\/a>, have examined this question from an insurance perspective and offer you a summary here.<\/strong><\/p>\n

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Risk management according to ISO 31000<\/strong><\/h2>\n

In the reference framework established by ISO 31000<\/a>, risk management directly follows the phases ofidentification<\/strong> –analysis<\/strong> – andevaluation<\/strong> of the various risks. The 5 stages of risk management under ISO 31000<\/strong><\/p>\n

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Our survey of insurance companies<\/strong><\/h2>\n

According to ISO 31000,“Risk management offers various strategies, one of which is to transfer or share the residual risk to an insurer, in return for a premium”<\/em>.
\nAgainst this backdrop, our two experts conducted a survey of various insurance companies to clarify a number of key points: <\/p>\n