Website Terms and Conditions
The J.B.Boda Group Terms of Business
The J.B.Boda Group, along with its/their domestic subsidiaries and affiliates (collectively, “The J.B.Boda Group”), is dedicated to becoming the world’s most valuable and service-oriented insurance brokerage, risk management, employee benefits, and retirement services provider. In the absence of contradictory provisions in a formal services agreement established by The J.B.Boda Group and Client, the services a specific The J.B.Boda Group firm delivers to each client (“Client”) will be subject to these Terms of Business. Client’s request for The J.B.Boda Group to provide consultancy, insurance/risk management consulting, and/or brokerage services on its behalf is deemed Client’s consent to be bound by the conditions set forth above.
Surplus Lines; Insurance Premiums and Related Tax Obligations
The J.B.Boda Group may not be able to get insurance on the terms and circumstances requested by the Client in the admitted marketplace. In this case, The J.B.Boda Group’s insurance proposal may involve placements with insurers that are not licensed to transact insurance in a specific jurisdiction and are not regulated by that state’s insurance agency. Any surplus lines coverage will be provided by relevant insurance rules regarding insurance placement with non-admitted insurers. If the surplus lines insurer goes bankrupt, the state insurance guarantee fund will not be able to help. Furthermore, surplus lines insurers’ policy types, conditions, rates, and deductibles may differ from those found in accepted market products.
For insurance coverage arranged by The J.B.Boda Group, the client is liable for any insurance premiums payable, as well as any applicable surplus lines, sales, use, excise, or other taxes. If Client fails to pay any premium in full by the due date indicated on the premium invoice, the insurer(s) may cancel the coverage, and such nonpayment, in addition to any fees or expenses due to The J.B.Boda Group as set forth herein, will be considered a material breach of these Terms of Business.
Accuracy and Completeness of Information
The client is entirely responsible for the accuracy and completeness of any information provided to The J.B.Boda Group and/or underwriters, insurers, insurance-related intermediaries, and/or other third parties as may be required for the services envisaged herein. The J.B.Boda Group is not responsible for independently confirming the accuracy or completeness of any information provided by the Client, and it is authorised to rely on such information. The J.B.Boda Group will not be liable for any mistakes or omissions in any services offered to Client, including insurance placement on Client’s behalf, that is the consequence of, originate from, or are based, in whole or part, on erroneous or incomplete information submitted to The J.B.Boda Group.
Confidentiality; Data Protection Information Notice
The J.B.Boda Group and Client acknowledge that the nature of The J.B.Boda Group’s relationship with the Client entails the Client disclosing to The J.B.Boda Group certain of the Client’s information (“Information”), some of which may be confidential or proprietary, for The J.B.Boda Group to provide services to the Client. The customer agrees to The J.B.Boda Group’s use and dissemination of information in the course of conducting marketing, servicing, claims handling, risk management, and/or policy renewal services for the client.
According to relevant data privacy legislation or regulation, the J.B.Boda Group is committed to maintaining the privacy and security of Client’s Information regarded to be personal data. The J.B.Boda Group may receive such personal data directly from the Client, in the event of an individual Client, or indirectly, in the case of a commercial Client on behalf of its employee insureds, while providing regulated insurance broking services. The J.B.Boda Group is considered a “data controller” under relevant data protection regulations. This implies that The J.B.Boda Group is in charge of choosing how personal data about the Client is stored and used.
In its capacity as an insurance intermediary, the J.B.Boda Group may utilise personal data collected from the Client. This may involve quotation/inception, policy administration, claims processing, renewals, marketing, and other activities related to the supply of insurance over the insurance lifecycle.
Please see The J.B.Boda Group’s Privacy Notice on our website for more details. Please email email@example.com if you have any queries concerning the Privacy Notice or The J.B.Boda Group’s acquisition or use of Client personal data.
The J.B.Boda Group may use the services of international or domestic intermediaries to help in the servicing, marketing, and/or placement of the Client’s insurance/risk management