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Toronto-May 30, 2006: - Clear, complete and easy-to-access privacy policies and practices have earned Lawyers' Professional Indemnity Company (LAWPRO ) national recognition from a leading Canadian privacy research firm.
In awarding LAWPRO with a "2006 Top Privacy Policies in Canada Award," Nymity Inc. described LAWPRO's Privacy Code, Security Policy and Personal Information Statement for Ontario Lawyers as "one of the most comprehensive privacy notices in Canada."
Nymity uses 63 criteria to objectively measure the transparency of privacy policies. More than 200 organizations were assessed in eight business sectors, with awards going to the top five performers in each sector. LAWPRO'S privacy policies were ranked in the top three among companies in the insurance sector.
"We are honoured to be recognized for our privacy policies and practices," said Michelle Strom, president and CEO of LAWPRO. "This award validates our core values of good governance, and respect for information in our possession. We are pleased that our professionalism allows us to take our place alongside some of Canada's most respected corporations."
Nymity's research has shown that organizations that invest in their privacy policies typically make significant investments in their privacy management programs. Three key components of a privacy management program that benefit from clear and complete privacy policies are: privacy notice, employee training and privacy audits.
"Effective privacy policies made available on a company's website assist consumers with making informed decisions while increasing an organization's accountability and compliance with privacy laws." explains Terry McQuay, president of Nymity Inc.
Nymity Inc. is Canada's leading privacy research firm. Nymity provides pragmatic privacy risk management solutions that help organizations mitigate risks that lead to privacy breaches, customer complaints and non-compliance with privacy laws. Nymity's research is used by privacy officers, lawyers with privacy practices, privacy consultants and privacy commissioners' offices across Canada. For more information, visit www.nymity.com.
Lawyers' Professional Indemnity Company (LAWPRO) is a wholly Canadian-owned insurance company providing professional liability insurance and title insurance in numerous jurisdictions across Canada.
Our malpractice insurance program currently insures more than 20,000 practising lawyers, as well as providing them with risk and practice management programs to assist them in their law practices.
Our TitlePLUS program helps lawyers better meet their clients' needs for professional legal advice and superior protection for their real estate investment. TitlePLUS title insurance provides buyers and lenders with the most comprehensive protection available from an insurer in the market today.
January 31, 2018