This Insurance Non Disclosure Agreement is essential for protecting confidential information exchanged between parties in insurance-related business relationships in the UAE. It is specifically designed to comply with UAE federal laws and regulations, including those governing insurance operations, data protection, and commercial transactions. The document should be used when insurance companies, brokers, or related service providers need to share sensitive information such as policyholder data, claims information, actuarial models, or proprietary business strategies. It incorporates specific provisions required by UAE law and insurance regulatory requirements, making it suitable for both domestic UAE insurance operations and international insurance relationships with UAE entities. The agreement is particularly important given the UAE's strict data protection regime and the sensitive nature of insurance industry information.

1. Parties: Identification of the parties entering into the NDA, including full legal names, addresses, and registration details

2. Background: Context of the agreement, nature of the insurance business relationship, and purpose of sharing confidential information

3. Definitions: Detailed definitions of key terms, especially 'Confidential Information', 'Insurance Business Information', and 'Trade Secrets'

4. Scope of Confidential Information: Detailed description of what constitutes confidential information in the insurance context, including customer data, pricing models, and business strategies

5. Obligations of Confidentiality: Core confidentiality obligations, including handling, storage, and protection of confidential information

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including regulatory requirements and legal obligations

7. Data Protection and Security: Specific measures required to protect confidential information, compliance with UAE data protection laws

8. Term and Survival: Duration of the agreement and obligations that survive termination

9. Return or Destruction of Confidential Information: Procedures for returning or destroying confidential information upon request or termination

10. Breach and Remedies: Consequences of breach and available remedies under UAE law

11. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes