Privacy Notice
Last Updated: March 28, 2025
At Nova Insurance Company SPC (“Nova,” “we,” “us,” or “our”), we are committed to protecting your privacy and ensuring the security of your personal information. This Privacy Notice explains how we collect, use, share, and protect your data when you visit our website, www.novainsurancecompany.com, or interact with us as a prospective client. As a Class B(iii) insurer and Segregated Portfolio Company (SPC) based in the Cayman Islands, we adhere to the Cayman Islands Data Protection Act (DPA) 2017 and, where applicable, the General Data Protection Regulation (GDPR) for EU visitors.
What Information We Collect
We collect limited personal information to provide our services and improve your experience:
Information You Provide: When you submit the Apply form on our website, we collect details such as your name, company name, email address, phone number, country, and any additional information you provide about your insurance needs.
Automatically Collected Information: We may collect data about your visit, including your IP address, browser type, device information, and pages visited, through cookies and similar technologies (see “Cookies and Tracking Technologies” below).
Third-Party Sources: We may receive information from third parties (e.g., business partners) if you are referred to us, subject to applicable laws.
How We Use Your Information
We use your information to:
Respond to inquiries submitted via the Apply page and facilitate potential business relationships.
Improve our website and services by analyzing usage trends (e.g., which pages are most visited).
Comply with legal and regulatory obligations, including the Cayman Islands DPA 2017.
Protect the integrity, availability, and confidentiality of our information assets, as outlined in our internal Information Security and Privacy Policy.
How We Share Your Information
We do not sell your personal information. We may share your data with:
Service Providers: Third parties who assist with website hosting, analytics (e.g., Google Analytics), or form processing, subject to strict confidentiality agreements.
Legal Authorities: If required by law or to protect our rights, we may disclose your information to regulators or law enforcement.
Business Partners: With your consent, we may share your inquiry details with partners to explore insurance solutions.
Cookies and Tracking Technologies
We use cookies to enhance your experience on our website. Cookies are small text files stored on your device that help us understand how you use our site.
Types of Cookies We Use:
Essential Cookies: Necessary for the website to function, such as enabling form submissions on the Apply page.
Analytics Cookies: Help us analyze site usage (e.g., Google Analytics tracks page views and session duration).
Functional Cookies: Remember your preferences (e.g., language settings, if applicable).
Third-Party Cookies: We use Google Analytics to collect anonymized data on site usage. WordPress plugins (e.g., for forms or security) may also set cookies.
Managing Cookies: You can control cookies via your browser settings (e.g., block or delete them). Learn more: Google Chrome, Firefox, Safari, Microsoft Edge. Note that disabling cookies may affect site functionality (e.g., form submissions).
Cookie Notice: Upon visiting our site, you’ll see a pop-up banner informing you of cookie usage. By continuing to browse, you consent to our use of cookies as described here.
Your Rights
Under the Cayman Islands DPA 2017, and GDPR where applicable, you have rights over your personal data, including:
- Access, correct, or delete your information.
- Object to or restrict certain processing.
- Request data portability.
To exercise your rights, contact us at info@novainsurancecompany.com . We will respond within the legally required timeframe.
Data Security
We implement robust measures to protect your data, as outlined in our Information Security and Privacy Policy. These include physical and logical access controls, employee training, and incident management processes to ensure the confidentiality, integrity, and availability of your information. In the event of a data breach, we will notify you and relevant authorities as required by law.
International Data Transfers
As a Cayman Islands-based company, your data is primarily processed in the Cayman Islands, which has a robust data protection framework. If we transfer data to other jurisdictions (e.g., to US or Latam service providers), we ensure appropriate safeguards are in place, such as standard contractual clauses, to protect your information.
Retention of Data
We retain your personal information only as long as necessary to fulfill the purposes outlined in this Notice or as required by law. For example, inquiry data from the Apply form is kept for 5 years to facilitate potential business relationships, after which it is securely deleted.
Children’s Privacy
Our website is not intended for children under 16. We do not knowingly collect personal information from children.
Changes to This Notice
We may update this Privacy Notice to reflect changes in our practices or legal requirements. Updates will be posted here with a revised “Last Updated” date.
Contact Us
For questions about this Privacy Notice or to exercise your rights, please contact us: Email: info@novainsurancecompany.com