, Japan
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FSA commands Sompo and other insurers to report info leaks

The insurer revealed that employees had leaked client information.

Sompo Japan Insurance was instructed by the Financial Services Agency (FSA) to report instances where its employees, on loan to insurance agencies, inappropriately shared policyholder information with the company, reported Jiji Press.

The order, issued under the insurance business law, also affected Tokio Marine & Nichido Fire Insurance, Mitsui Sumitomo Insurance, and Aioi Nissay Dowa Insurance.

Sompo Japan revealed that employees on loan to nine insurance agencies had leaked client information to the company. 

Specifically, around 2,700 sets of policyholder data were leaked from Total Insurance Service, and information on 1,518 fire insurance policyholders with investment-related condominium loans was leaked from Hoei.

 

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