pRIVACY sTATEMENT

Euler Hermes, a member of the Allianz Group, is the world’s leading provider in trade-related credit insurance solutions with branches and affiliates across Europe and throughout the world. Euler Hermes provides B2B financial products and services to help customers around the globe trade wisely and develop their businesses safely.

 

This privacy notice pertains to the following legal entity:

 

Euler Hermes Group

1 place des Saisons,

92048 Paris-La Défense,

France CEDEX

 

At Euler Hermes we care about your personal data. This privacy notice explains the kinds of personal data we collect about you, how and why we collect and use it and how long it is kept. We also explain your rights to access, correct, or object to the processing of this data (including requesting deletion, subject to applicable laws and regulations).

 

Please read this notice carefully. And in case you have any questions, contact us


 

1. General Information

1.1 This section pertains to customers, brokers, agents and third parties, as well as individuals who are just visiting our websites.

1.2 Is Euler Hermes a “data controller”? What does that mean?

Yes, Euler Hermes is a “data controller” as defined by applicable laws and regulations (specifically, the EU General Data Protection Regulation). This means that Euler Hermes is the legal entity in control of the personal data it collects and is required by law to ensure policies, processes and procedures are in place to safeguard this data and respect the rights of the individuals whose data is collected.

 

 

1.3 What kind of personal data does Euler Hermes collect about you?

Depending on what information you provide or preferences you select, Euler Hermes may collect the following categories of personal data about you:

 

  • Data you provide us, e.g. when you sign up for our services, like your name, email address, telephone number, job title, company name.

 

  • If you visit our website, we collect information about you by using cookies. A cookie is a small piece of data that is stored on your device and allows us to re-identify your browser when you visit our site again. We use cookies to provide you with a user-friendly, safe and effective website and to tailor our services to your needs and interests, e.g. by customizing your browser experience or delivering (third party) advertisement targeted to you, If you want to learn more about cookies, please go to the cookie section below (2.2).

 

  • Information we obtain from third parties (e.g. information services providers) or publicly available sources (e.g. commercial registers)

 

1.4 For which purposes and on which legal basis does Euler Hermes use your personal data?

We use your data on the basis of


  • your consent, to 

o provide, maintain, improve, and develop our services and tailor them to your needs and interests (e.g. to offer you customized advertising)

o communicate with you

o inform and advice you on products of Euler Hermes (e.g by sending you advertisements)


  • for the preparation and/or performance of a contract with you, to

o prepare offers for one of our products, deliver our services to you and fulfill our mutual contractual  obligations

o set up and maintain your user accounts, for technical support or for other related purposes


  • our legitimate interests, to

o provide, maintain, improve, and develop our services and tailor them to your needs and interests (e.g. to offer you customized advertising)

o enhance the security of Euler Hermes’ IT-systems for the benefit of all our users

o communicate with you 


  • Compliance with legal obligations to

ocomply with law enforcement requests or discovery procedures, or where required or permitted by applicable laws, court orders, government regulations, or government authorities, where it is necessary to investigate, prevent or take action regarding illegal activities, suspected fraud, situations involving potential threats to the safety of any person or violations of our policies or terms If we use your data for any other purposes than described in this policy, we will inform you about such other purpose and will obtain your consent where required.


 

1.5 Where will your personal data be processed?

Personal Data collected by Euler Hermes may be processed both inside and outside of the European Union (“EU”) and the European Economic Area (“EEA”), subject always to contractual restrictions regarding confidentiality and security in line with applicable data protection laws and regulations. We will not disclose your personal data to parties who are not authorized to process them.

 

Please note that EU / EEA Member States and other countries all have different laws regarding the protection of personal data. When your personal data is transferred from your own country to another country, the laws and rules that protect your personal data in the country to which your information is transferred to may be different (or less protective) from those in your country of residence. For example, the circumstances in which law enforcement can access personal data may vary from country to country.

 

Whenever we transfer your personal data for processing outside of the EEA, we will implement effective transfer mechanisms (e.g. EU Standard Contractual Clauses or Binding Corporate Rules) to ensure an adequate level of data protection.

 

  

1.6 How long do we keep your personal data?

We will not retain your personal data longer than necessary to fulfil the purposes for which it was collected for or to fulfil legal obligations, or as permitted by law, e.g. to defend legal claims. Afterwards, we will delete your personal data. The individual retention periods depend on the type of personal data and the purpose of its processing.


 

1.7 What are your rights in respect of your personal data?

To the extent permitted by applicable data protection laws and regulations, you have the right to:


  • access personal data held about you, including information such as, for example, the source and the categories of the data, the purposes of the processing, the recipients (or categories thereof) and the respective retention period;

 

  • request the update or correction of your personal data so that it is always accurate;

 

  • obtain your personal data in an electronic format for you or for another controller;

 

  • request the deletion of your personal data if it is no longer needed for the purposes for which they were collected or otherwise processed;

 

  • restrict the processing of your personal data in certain circumstances, for example, where you have contested the accuracy of your personal data, for the period enabling us to verify its accuracy;

 

  • object to the processing of your personal data on specific grounds relating to your particular situation that overrides our compelling legitimate grounds for the processing; and

 

  • withdraw your consent at any time where your personal data is processed with your consent, without affecting the lawfulness of processing based on consent before its withdrawal or where there is another legal basis for processing your data (e.g. overriding legitimate interests); 

           file a complaint with the data controller and/or the relevant data protection authority.

 

  • you may exercise these rights by contacting us and providing your name and email address as well as the purpose of your request using our Data Subject Access Request form.

 


 

2. Websites

 2.1 How does Euler Hermes collect your data?

On its websites, Euler Hermes collects only the personal data that you voluntarily provide in online forms or that you otherwise allow us to collect according to the cookie preferences you selected when you first accessed our page. You have the right to withdraw your consent at any time, and if you do so we will discontinue the processing of your data collected on this website. You can withdraw your consent here.

  


2.2 Cookies

A cookie is a small piece of data that is stored on your computer or mobile device and allows the website to "remember" your actions or preferences over time. We use cookies to ensure the proper function of our website and to facilitate your access to it by collecting information on your device and preferences (e.g. your device and your browser). Additionally, we collect information on how you interact with our and our partners’ services, like advertising services. In principle you can also use our websites without cookies. If you want to use our website fully and conveniently you should accept those cookies. You can change your cookie settings, e.g. to withdraw your consent, at any time.

 

There are several types of cookies:

 

(a) Session Cookie (or “temporary cookie”)

 

A session cookie allows us to store your action during your browser session (e.g. your log-in data). Session cookies are erased when you close your browser or exit our website.

 

 

(b) Persistent Cookie (or “tracking cookies”)

 

A persistent cookie is stored on your device in between browser sessions. These cookies help us to remember your preferences or actions every time you visit our website until the expiry date of the cookie. These cookies are also used to keep you logged on to our website. As soon as the cookie is deleted, you need to enter your log-in credentials again.

 

 

(c) Third-Party Cookie

 

These cookies are set by a third party separate from our website, for example to provide advertisements like banners for third-party products or social media buttons.

 

On our website, we use the following cookies: 

 

Name of cookie

Usage

Storage Time

Type of Cookie

Google Analytics

Google Analytics cookies to differentiate between users

2 years

Third party cookie

 

 

 

 

 3. Third parties

When providing our customers with trade-related credit solutions, we may collect information about you and your company to assess and monitor our own risk and to collect debts. We collect information from third parties or publicly available information. Additionally, we might collect information that you directly disclose to us. We collect data regarding:

 

  • Commercial entities: trade sector, name, names of the representatives (e.g. directors, board members), and information regarding your creditworthiness (e.g. payment and risk incidents)

 

  • Sole traders or other closely held businesses: name, email address, address, trade sector, legal form, names of the representatives (e.g. directors), and information regarding your creditworthiness (e.g. payment and risk incidents).

 

4. How can you contact us?

If you have any queries about your personal data, you can contact us

 

5. How often do we update this privacy notice?

 We regularly review this privacy notice and make changes to it from time to time. We will ensure the most recent version is available here and we may additionally notify you directly (e.g via email) in the event of significant changes. This privacy notice was last updated on 03/31/18.