Privacy Policy

Last updated: 01 March, 2024.

Privacy Policy

Ledgertech AG (hereinafter: “Ledgertech”, “our” or “we”) is committed to maintaining the privacy of its users. The following information describes how Ledgertech collects and processes information about you when you use our website (hereinafter: “Website”).

Our Privacy Policy explains:

What information we collect and why we collect it
How we use that information
Your rights with regard to the collection of such information

By using our Website, you agree to this Privacy Policy.

Ledgertech’s services deliver a core solution, which is tailored to the insurance sector, to enable its customers to transform and improve core aspects of today’s business process. Ledgertech applies its technical expertise, financial services industry knowledge, and product development methodology to deliver advanced blockchain-based solutions (hereinafter: “Services”).

Collecting Information

Please note that the scope of this Privacy Policy is limited only to information collected by Ledgertech through your use of the Website. Some information may be automatically collected, and some is collected when you interact with our Website. The type of information that may be automatically collected is non-personal information, which includes your session durations, the content you accessed on the Website, the frequency and scope of your use of the Website and information about your computer and internet connection including the operating system you use, and browser type.

Information from which you can be personally identified may also be collected, including but not limited to your name, email address, telephone number, company, position and the location of the computer through which you used the Website (hereinafter: “Personal Information”). Personal Information shall be collected only if received voluntarily from you, including, without limitation, via the following methods:

Contacting Us:

If you wish to contact us regarding our Website and Services, we will collect your Personal Information which may include, without limitation, your full name, email address and the content you submitted to facilitate your inquiry.

Schedule a Demo:

If you wish to schedule a demo to use our Services, we will collect your Personal Information such as your full name, email address, phone number, company name and position to facilitate your demo scheduling request.

Marketing Communications and Newsletter:

If you wish to register and receive communications from Ledgertech and receive our newsletter, we will collect your email address subject to your consent in providing it to us, and we will send you the required materials.

Downloading Materials:

If you wish to download certain professional and promotional materials provided over our Website (“Materials”), we might monitor and collect data concerning your usage of the Materials, such as the number of pages you have read and how long you spend reading the Materials.

We use the Personal Information we collect from you for a range of different business purposes according to different legal bases of processing. We may use or process your Personal Information for the following purposes. One or more purposes may apply simultaneously.

Use of Information:

Providing the Requested Services:

We collect your Personal Information when you contact us through the Website, for a general inquiry, or a specific inquiry regarding your use of Ledgertech's Services or provision of the demo you wish to receive.
We collect your Personal Information to provide you with our newsletter and relevant marketing materials.
We process the above-mentioned Personal Information based on your consent, or where it is necessary for the adequate performance of the contract with you or in order to take steps prior to entering into a contract with you.

Improvement and Development of the Website:

We collect Personal Information to improve and develop our Website and understand feedback on Ledgertech's Website.
We collect Personal Information for ongoing review and improvement of the information provided on our Website to ensure it is user friendly.
We conduct surveys, research and test features in development, and analyze the information we have in order to evaluate and improve our Website, develop new features, and conduct audits and troubleshooting activities.

We process this information in light of our legitimate interest in improving the Website, to allow our users to have the best experience.

Maintain a Safe and Secure Environment

We may use your information to detect and prevent fraud, abuse and security incidents in the following ways:

Verify and authenticate your identity and prevent unauthorized or illegal activity;
Enhance the safety and security of our Website;
Conduct security investigations and risk assessments.

We process this information in light of our legitimate interest in improving our Website and enabling our users to browse in a secure environment.

Personalize Content, Advertising and Marketing

If you have used Ledgertech's Website in the past, we have a legitimate business interest for matching the data we collect with other data we had already collected.
This enables us to understand your needs and interests, optimize the content we send you and make it more suitable and relevant to your needs.
This also enables us to improve your experience on the Website by providing you with personalized content, recommendations, and features.

We process this information in light of our legitimate interest to personalize your experience and customize our content.

Disclosure of Information and Transfer of Data

Except as otherwise provided in this Privacy Policy, we reasonably attempt to ensure that we never intentionally disclose any of your Personal Information, to any third party without having received your permission, except as provided for herein or otherwise as permitted or required under law.

We may use third party companies and individuals to facilitate our Services or any portion thereof, such as marketing, data management, analytics or maintenance services. We may also share your information with Google Analytics for analytics services. Google Analytics set their own cookies or other identifiers on your computer, through which they can collect information about your usage of our Website. This helps us compile aggregated statistics about the effectiveness of our Website. We may also provide access to your Personal Information to our contractors who are performing services for us in connection with our Website and/or to our personnel in order to provide customer services.

The above mentioned third parties may be located in countries other than your own, and we may send them information we receive. They may have access to your Personal Information only for purposes of performing these tasks on our behalf and under obligations similar to those in this Privacy Policy. In such cases, they must abide by our data privacy and security requirements, and are not allowed to use Personal Information they receive from us for any other purpose. When we transfer Personal Information, we use a variety of legal mechanisms, including contracts, to help ensure your rights and protections travel with your data. We will transfer Personal Information within assuring appropriate and suitable safeguards.

We may also transfer your information, including Personal Information, in connection with a corporate merger, consolidation, the sale of related assets or corporate division or other fundamental corporate changes. Furthermore, information about you or your account may also be released in order to comply with any valid legal inquiry or process such as a search warrant, subpoena, statute or court order. We will also release specific information in special cases, such as if you use the Website to perform an unlawful act or omission or take any act or omission that may damage Ledgertech, its property and goodwill, or if there is an attempted breach of the security of the Website or a physical or property threat to you or others. The authority supervising such activities is the Israeli Privacy Protection Authority, and you have the right to file a complaint to it or any other relevant supervisory authority.

Notice to California Residents

This section is designated for California residents and is provided under the California Consumer Privacy Act, as amended by the California Privacy Rights Act of 2020 (“California Privacy Laws”). It explains your privacy rights, provides “notice at collection”, and provides certain mandated disclosures about how we handle your Personal Information. This section uses certain terms that have the meanings given to them by the California Privacy Laws, unless otherwise specified. Please note that some of the disclosure obligations required under the California Privacy Laws are satisfied within other sections of this Privacy Policy.

The California Privacy Laws permit some users to request to exercise certain rights. If these rights are applicable to you, you are afforded with the following rights:

Right of access

You can request Ledgertech for certain information about our practices with respect to your Personal Information. In particular, you can request to receive information on the following:

The categories and specific pieces of your Personal Information that we have collected.
The categories of sources from which we collected your Personal Information.
The business or commercial purposes for which we collected or share your Personal Information.
The categories of third parties with which we shared your Personal Information.

Right to Limit Use and Disclosure of Sensitive Personal Information

We do not share sensitive Personal Information for cross-context behavioural advertising, and we do not sell sensitive Personal Information.

Exercising your California Law Rights

Please note that we will be required to verify your identity and request before an action is taken to exercise your rights. As a part of this process, government identification may be required. Moreover, you may designate an authorized agent to make a request on your behalf. We make our best efforts to respond to a verifiable consumer request within 45 days of its receipt. If we require more time (up to 90 days), we will inform you of the reason and extension period in writing. Any disclosures we provide, will only cover the 12 months period preceding your verifiable request’s receipt. If, for some reason, we cannot reply within such time frame, our response will include an explanation for our inability to comply. If you wish to exercise your California Privacy Laws rights, please contact us at: info@ledgertech.com.

Right of No Retaliation Following Opt-Out or Exercise of your Rights

If you choose to exercise your rights, we will not charge you different prices or provide different quality of our Services, unless those differences are related to your provision of your Personal Information. We will not discriminate against you for exercising any of your rights and unless permitted by the California Privacy Laws, we will not:

Deny you goods or services.
Charge you different prices or rates for goods or services, including through granting discounts or other benefits, or imposing penalties.
Provide you with a different level or quality of goods or services.
Suggest that you may receive a different price or rate for goods or services or a different level or quality of goods or services.

CAN SPAM Act

The CAN-SPAM Act is a Federal US law that sets the rules for commercial email, establishes requirements for commercial messages, gives recipients the right to have emails stopped from being sent to them, and spells out strict penalties for violations.

To be in accordance with CAN-SPAM, Ledgertech agrees to the following:

Not use false or misleading subjects or email addresses.
Identify the commercial message sent to you as an advertisement when required.
Include the physical address of Ledgertech.
Monitor third-party email marketing services for compliance, if one is used.
Honor opt-out/unsubscribe requests quickly.
Allow users to unsubscribe by using the link at the bottom of each email.

If at any time you would like to unsubscribe from receiving future emails, you can email us at info@ledgertech.com and we will promptly remove you from ALL correspondence.

Your rights

You have the right at any time to request to access or modify your information. To exercise these options, please contact us at:info@ledgertech.com.

If you are located within the European Union (the "EU") or within the European Economic Area (the "EEA"), you are afforded specific rights regarding your Personal Information. Subject to eligibility, users in the EU or in the EEA have the following rights to;

Request a rectification of your Personal Information where the information we hold about you is incorrect or incomplete,
Object to the processing of your Personal Information for direct marketing purposes.
Object to the processing of your Personal Information where our legal basis for that processing is that such processing is necessary for our legitimate interests.
Object to an automated decision-making (including profiling) in certain circumstances.
Request the erasure of your Personal Information in certain circumstances, such as where processing is no longer necessary for the purpose it was originally collected for, and there is no compelling reason for us to continue to process or store it;
Receive your Personal Information, or ask us to transfer it to another organization that you have provided to us, which we process by automated means, where our processing is either based on your consent or is necessary for the performance of a contract with you.

Generally, with regard to information collected on our Website, Ledgertech is a "Data Controller". Therefore, if you wish to exercise the above-mentioned rights, please contact us, and we will make our best efforts to fulfill your request.

If you wish to file a request regarding any of the above, you may contact us at: info@ledgertech.com.

Please note that Ledgertech is committed to a high security standard by implementing various data security policies and procedures and obtaining an ISO 27001 certificate.

Cookies

We may use “cookies” and/or other technologies or files (collectively, “cookies”) to identify how visitors make use of this Website. This aggregated tracking information may be used to help us improve and enhance the Website experience for all of our visitors. In addition, cookies are used for adjusting the Website to your personal preferences. Cookies contain information such as the pages you visited, the length of time you stayed on the Website, the location from which you accessed the Website and more. If you would prefer not to have cookies stored on your computer, you may modify your browser settings to reject most cookies, or manually remove cookies that have been placed on your computer. However, by rejecting the cookies, you may be unable to fully access the offerings on this Website. To find out more about cookies, visit www.allaboutcookies.org.

Opt In or Opt Out

You are always in control of your data, and if you choose to receive information from us, or others, you can change your mind later. If, at any time, you would like to stop receiving such information or opt out of a feature, you may notify us by writing toinfo@ledgertech.com. You should be aware, however, that it is not always possible to completely remove or modify information in our databases and servers, although we will always make reasonable efforts to do so upon your request.

Links to Other Websites

This Website may provide links to other websites. Please be aware that these other websites are not covered by our Privacy Policy. This Privacy Policy does not cover the information practices exercised by other providers of products or services, advertisers or other websites, companies or individuals, which are not owned or controlled by Ledgertech. We suggest that when linking to another website, you always read that website’s privacy policy before volunteering any personally identifiable information.

Data Retention

Generally, Ledgertech does not retain information collected through the Website, longer than necessary for its reasonable business and lawful needs. If you withdraw your consent to us processing your data, we will erase your Personal Information from our systems, unless the data is required for Ledgertech to establish, exercise or defend against legal claims.

Children's Privacy

The Website is not intended for children under the age of 16. We do not, knowingly or intentionally, collect information about children who are under 16 years of age.

IF YOU ARE UNDER THE AGE OF 16 YOU MAY NOT USE THE WEBSITE, UNLESS PARENTAL CONSENT IS PROVIDED ACCORDINGLY.

Questions Regarding Our Privacy Policy

If you have any questions regarding this Privacy Policy or the practices described above, you may contact us atinfo@ledgertech.com.

Revisions and Modifications to our Privacy Policy

We reserve the right to revise, amend, or modify this Privacy Policy at any time. When changing the policy, we will update this posting accordingly. Please review this Privacy Policy often so that you will remain updated regarding our current policies.

Governing Law and Jurisdiction

This Privacy Policy will be governed and interpreted pursuant to the laws of Switzerland, without giving effect to its choice of law rules. You expressly agree that the exclusive jurisdiction for any claim or action arising out of or relating to this Privacy Policy shall be to the competent courts located in Zug, Switzerland, to the exclusion of any other jurisdiction.