On March 11 2025, the Insurance Commission (IC) and the National Privacy Commission (NPC) issued Joint Advisory No 2025-001, or Considerations on the Use of Privacy Enhancing Technologies (PETs) in the Insurance Industry.
The Advisory addresses the adoption of PETs in the insurance industry, which may supplement existing privacy-preserving practices to mitigate data privacy risks and ensure protection of personal data processed by personal information controllers (PICs) and personal information processors (PIPs).
The Joint Advisory applies to insurance providers, insurance and pre-need companies, health maintenance organizations, mutual benefit associations, their respective agents, brokers, adjusters, intermediaries, all other entities under the regulatory control and supervision of the IC, and PIPs of the foregoing entities.
The Advisory defined PETs as:
A collection of digital technologies, approaches and tools that permit data processing and analysis while protecting the confidentiality, and in some cases also the integrity and availability, of the data and thus the privacy of the data subjects and commercial interests of PICs.