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As the Protection of Personal Information Act (PoPIA) is a few months away from being enforced, organisations and responsible parties have had to gain an in-depth understanding of the rules and regulations that must be adhered to.
Insurance companies have until 30 June 2021 to ensure that their business operations comply with the Protection of Personal Information Act, 2013 (POPI Act), or they could face penalties by the Information Regulator.
Non-life insurers will have to stay on their toes throughout 2021. Hard on the heels of the COVID-19 business interruption judgments that caught some insurers off guard in 2020, a raft of new regulatory reforms aimed at protecting policy holders is likely in the coming months.
The strongest deterrent against FSP compliance missteps is or should be: