Privacy Policy

Effective Date: 10/11/2024

Nitaq For Actuarial Services (“we,” “our,” or “us”) values your privacy and is committed to protecting your personal data. This privacy policy explains how we collect, use, share, and safeguard your information when you engage with our services or interact with our website, located in the Kingdom of Saudi Arabia. By using our services, you consent to the practices described in this policy.

1. Information We Collect

We may collect and process the following types of information:

1.1 Personal Information:

  • Contact Information: Name, email address, phone number, and mailing address.
  • Professional Details: Job title, employer, and industry affiliation.
  • Identification Details: National ID, passport number, or other official identifiers, as required by law.

1.2 Financial and Business Information:

  • Actuarial Data: Business metrics, financial records, and other data provided for actuarial analyses.
  • Payment Details: Billing and payment information for services rendered.

2. How We Use Your Information

We use the information we collect for the following purposes:

2.1 Service Delivery:

  • To provide actuarial consulting services tailored to your needs.
  • To communicate with you about project updates, inquiries, and service-related matters.

2.2 Compliance and Legal Obligations:

  • To comply with legal and regulatory requirements in Saudi Arabia.
  • To detect, prevent, and address fraud, security breaches, or other harmful activities.

2.3 Business Operations:

  • To improve our services, processes, and user experience.
  • To perform internal research and data analysis for actuarial insights.

2.4 Marketing and Communication:

  • To send newsletters, updates, or promotional materials, where permitted by law and based on your preferences.

3. Sharing Your Information

We do not sell your personal data. However, we may share your information under the following circumstances:

3.1 Service Providers:

  • With third-party vendors, consultants, and other service providers who need access to such information to perform tasks on our behalf.

3.2 Legal Requirements:

  • To comply with applicable laws, regulations, and legal processes.
  • To respond to lawful requests by public authorities, including to meet national security or law enforcement requirements.

3.3 Business Transfers:

  • In connection with a merger, sale, or other transfer of company assets, your information may be part of the transferred assets.

3.4 Professional Obligations:

  • To auditors, regulators, and legal advisors for compliance and assurance purposes.

4. Data Retention

We retain personal data for as long as necessary to fulfill the purposes outlined in this policy, comply with legal obligations, resolve disputes, and enforce our agreements. The retention period depends on the nature of the information and the context in which it was collected.

5. Data Security

We implement appropriate technical and organizational measures to protect your personal data from unauthorized access, disclosure, alteration, or destruction. Despite our efforts, no security measures can guarantee absolute protection.

6. Your Rights

As a resident of Saudi Arabia, you have the following rights regarding your personal data:

6.1 Access and Correction:

  • The right to access your personal data and request corrections if it is inaccurate or incomplete.

6.2 Deletion:

  • The right to request deletion of your personal data, subject to legal and contractual obligations.

6.3 Objection and Restriction:

  • The right to object to or request restriction of data processing under specific circumstances.

6.4 Consent Withdrawal:

  • If you have provided consent for data processing, you have the right to withdraw it at any time.

To exercise these rights, please contact us at [Insert Contact Information].

7. International Data Transfers

If your information is transferred outside of Saudi Arabia, we will ensure it is protected through appropriate safeguards in compliance with applicable data protection laws.

8. Cookies and Tracking Technologies

Our website uses cookies and similar technologies to enhance your experience and gather usage statistics. You can manage your cookie preferences through your browser settings.

9. Changes to This Policy

We may update this privacy policy from time to time to reflect changes in our practices or legal requirements. Any updates will be posted on our website with a revised effective date.

10. Contact Us

If you have questions, concerns, or requests regarding this privacy policy, please contact us:

Nitaq For Actuarial Services
Address: 8428 King Fahd Rd, Al Mohammadiyyah, Riyadh 12363
Email: admin.affairs@nitaq.com.sa
Phone: +966555016879

Thank you for trusting Nitaq For Actuarial Services.