Rosenberg & Parker's Commitment to Data Privacy
Rosenberg & Parker (R&P), known as the world's leading independent surety-only brokerage and advisory firm, has recently reached a significant milestone by obtaining certification under the EU-US Data Privacy Framework (DPF) with a UK extension. This prestigious privacy initiative, overseen by the U.S. Department of Commerce, facilitates the secure transfer of personal data from the European Union to the United States, ensuring such data is protected with high standards of notice, choice, security, and data integrity.
Global Operations and Privacy Standards
With a diverse client base extending across multiple countries, R&P recognizes the importance of adhering to international privacy standards. Following its recent office opening in the U.K., the firm underscores its dedication to upholding these standards and ensuring the privacy of personal data at all operational levels. The core principles of the company—expertise, innovation, integrity, and service—demand that R&P not only meets but exceeds client expectations, particularly in the rapidly evolving field of technology.
Leadership Commitment to Innovation
James Shaw, Head of Technology at R&P, commented on the newly achieved DPF certification. He emphasized that this accomplishment symbolizes the firm’s ongoing commitment to responsible innovation. As R&P continues to develop and modernize its technology infrastructure, the protection of client data remains a priority embedded in every corporate decision. "This certification exemplifies our dedication to safeguarding the information of our clients, especially as we broaden our reach into the UK and EU markets," he stated.
Staying Ahead in Technological Trends
As technology trends continue to shift globally, Rosenberg & Parker is focused on remaining a leader in industry innovation. Achieving DPF certification is a pivotal step along this ongoing journey of ensuring data security and privacy in an ever-changing digital landscape. R&P’s commitment reflects a proactive approach to aligning with best practices in data management and customer trust.
About Rosenberg & Parker
Founded in 1944, Rosenberg & Parker stands out as the largest independent surety-only brokerage and advisory firm in the world. Unlike traditional firms, R&P distinguishes itself by dedicating its entire focus to the surety industry. Their expertise is not spread thin over various insurance products; instead, they concentrate on mastering the nuances of surety, leveraging this knowledge for the benefit of their clients. The firm has built its reputation on four foundational pillars: Expertise, Innovation, Integrity, and Service. Through more than 80 years in business, these values continue to guide and inspire the company in its mission.
Frequently Asked Questions
What prompted Rosenberg & Parker to pursue DPF certification?
Rosenberg & Parker pursued DPF certification to enhance their compliance with international data protection standards while expanding their operations.
How does the DPF certification benefit clients?
The DPF certification assures clients that their personal data will be securely managed and protected during transfers between the EU and the U.S.
What are the core values of Rosenberg & Parker?
The core values of Rosenberg & Parker are Expertise, Innovation, Integrity, and Service, which guide their operations and client relationships.
When was Rosenberg & Parker founded?
Rosenberg & Parker was founded in 1944 and has since grown to become a leader in the surety industry.
What distinguishes R&P from other brokerage firms?
Rosenberg & Parker distinguishes itself by exclusively focusing on surety products, allowing them to develop unmatched industry expertise.