Compliance with Legal and Ethical Principles: Neova Participation Insurance (Neova Katılım Sigorta) ensures that all collected or received data is sourced legally and by ethical standards. We take special care to ensure that personal data is obtained through lawful means and is handled with integrity.

Accuracy and Timeliness: We ensure that all data within our organization is accurate and error-free. If personal data changes, we will update it as long as we are informed of such modifications. However, the data used in our operations is primarily based on the declarations of the service recipients

Processing for Specific, Clear, and Legitimate Purposes: As per Article 4(c) of the Personal Data Protection Law, Neova Participation Insurance processes personal data only for specific, clear, and legitimate purposes. We do not process, use, or allow data use for purposes other than those for which it was initially gathered.

Connection to Purpose, Limitation, and Proportionality: We ensure that personal data is only used to the extent necessary for the purposes for which it was collected and processed.

Retention of Personal Data for the Legal and Necessary Period: Personal data collected due to contractual obligations will be kept as required by law, including the statute of limitations for disputes and commercial and tax laws. Once the reasons for processing the data no longer exist, it will be deleted or anonymized by the Personal Data Deletion Regulation.

It is important to emphasize that Neova Participation Insurance applies the above principles regardless of whether the data is collected with consent or processed in compliance with the law.

Rights of Data Subjects According to Article 11 of the Personal Data Protection Law:

As individuals whose data is processed, you have the following rights. To facilitate these rights, a specific application form has been provided on our website:

Learn whether your personal data is processed,
Request information about your processed personal data,
Learn the purpose of processing and whether your data is being used for its intended purpose,
Learn about third parties to whom your personal data has been transferred, both domestically and internationally,
Request the correction of inaccurate or incomplete data,
Request the deletion or destruction of your personal data under the conditions set by the law,
Request that third parties to whom your data has been transferred be informed of the actions taken under (5) and (6),
Object to decisions based solely on automated processing of your data that may result in unfavorable outcomes for you,
Request compensation for any damages suffered due to unlawful processing of your personal data.

Maximum Minimization/Frugality Principle:

According to our principle of maximum minimization (or frugality), personal data collected by the company is processed only to the extent necessary. Only the data needed for the specific purpose is collected, and unnecessary data is not gathered. Any additional data is deleted or anonymized before being stored in our information systems. These anonymized data may be used for statistical purposes.

Deletion, Destruction, and Anonymization of Personal Data:

As per Article 7 of the Personal Data Protection Law, personal data that has been processed in compliance with the law but is no longer required for processing purposes will be deleted, destroyed, or anonymized, either by us or upon the data subject's request.

Accuracy and Data Updating:

Data held by Neova Participation Insurance is generally processed based on the declarations provided by individuals. We do not conduct investigations to verify the accuracy of data provided by clients or other individuals by our legal obligations and operational principles. Declared data is considered accurate. Customers are deemed aware of their declaration obligations under the Turkish Commercial Code, and we remind them of this when necessary. Official documents provided to us are updated as needed, and necessary precautions are taken to ensure data accuracy.

Confidentiality and Data Security:

Personal data is confidential, and we ensure that this confidentiality is respected. Only authorized individuals within our organization have access to personal data. We take all necessary technical and administrative measures to ensure that personal data is protected from unauthorized access and misuse, safeguarding the interests of our customers and potential customers. Our software systems are compliant with industry standards, third-party service providers are carefully selected, and internal data protection policies are strictly followed. We also require brokers, agents, insurance companies, and reinsurance companies that we share data with to adhere to the same data protection standards.