Ins 25.15(2)(2) Description of parties subject to exceptions. If a licensee discloses nonpublic personal financial information as authorized under ss. Ins 25.55 and 25.60, the licensee is not required to list those exceptions in the initial or annual privacy notices required by ss. Ins 25.10 and 25.13. When describing the categories of parties to whom disclosure is made, the licensee is required to state only that it makes disclosures to other affiliated or nonaffiliated third parties, as applicable, as permitted by law. Ins 25.15(3)(a)(a) Categories of nonpublic personal financial information that the licensee collects. A licensee satisfies the requirement to categorize the nonpublic personal financial information it collects if the licensee categorizes it according to all of the following sources of the information: Ins 25.15(3)(a)2.2. Information about the consumer’s transactions with the licensee or its affiliates. Ins 25.15(3)(a)3.3. Information about the consumer’s transactions with nonaffiliated third parties. Ins 25.15(3)(b)(b) Categories of nonpublic personal financial information a licensee discloses. Ins 25.15(3)(b)1.1. A licensee satisfies the requirement to categorize nonpublic personal financial information it discloses if the licensee categorizes the information according to source, as described in par. (a), as applicable, and provides at least one example, and additional examples as are reasonably appropriate, to illustrate the types of information in each category. Examples may include any of the following: Ins 25.15(3)(b)1.a.a. Information from the consumer, including application information, such as assets and income and identifying information, such as name, address and social security number. Ins 25.15(3)(b)1.b.b. Transaction information, such as information about balances, payment history and parties to the transaction. Ins 25.15(3)(b)1.c.c. Information from consumer reports, such as a consumer’s creditworthiness and credit history. Ins 25.15(3)(b)2.2. A licensee does not adequately categorize the information that it discloses if the licensee uses only general terms, such as transaction information about the consumer. Ins 25.15(3)(b)3.3. If a licensee reserves the right to disclose all of the nonpublic personal financial information about consumers that it collects, the licensee may simply state that fact without describing the categories or examples of nonpublic personal financial information that the licensee discloses. Ins 25.15(3)(c)(c) Categories of affiliates and nonaffiliated third parties to whom the licensee discloses. Ins 25.15(3)(c)1.1. A licensee satisfies the requirement to categorize the affiliates and nonaffiliated third parties to which the licensee discloses nonpublic personal financial information about consumers if the licensee identifies the types of businesses in which they engage. Ins 25.15(3)(c)2.2. Types of businesses may be described by general terms only if the licensee uses at least one example, and additional examples as are reasonably appropriate, to illustrate the significant lines of business. For example, a licensee may use the term financial products or services if it includes appropriate examples of significant lines of businesses, such as life insurer, automobile insurer, consumer banking or securities brokerage. Ins 25.15(3)(c)3.3. A licensee also may categorize the affiliates and nonaffiliated third parties to which it discloses nonpublic personal financial information about consumers using more detailed categories than those described in this paragraph. Ins 25.15(3)(d)(d) Disclosures under exception for service providers and joint marketers. If a licensee discloses nonpublic personal financial information under the exception in s. Ins 25.50 to a nonaffiliated third party to market products or services that it offers alone or jointly with another financial institution, the licensee satisfies the disclosure requirement of sub. (1) (e) if it does all of the following: Ins 25.15(3)(d)1.1. Lists the categories of nonpublic personal financial information it discloses, using the same categories and examples the licensee used to meet the requirements of sub. (1) (b), as applicable. Ins 25.15(3)(d)2.a.a. A service provider that performs marketing services on the licensee’s behalf or on behalf of the licensee and another financial institution. Ins 25.15(3)(d)2.b.b. A financial institution with whom the licensee has a joint marketing agreement. Ins 25.15(3)(e)(e) Simplified notices. If a licensee does not disclose, and does not wish to reserve the right to disclose, nonpublic personal financial information about customers or former customers to affiliates or nonaffiliated third parties except as authorized under ss. Ins 25.55 and 25.60, the licensee may simply state that fact, in addition to the information it shall provide under sub. (1) (a), (h), and (i) and (2). Ins 25.15(3)(f)(f) Confidentiality and security. A licensee describes its policies and practices with respect to protecting the confidentiality and security of nonpublic personal financial information if it does all of the following: Ins 25.15(3)(f)1.1. Describes in general terms who is authorized to have access to the information. Ins 25.15(3)(f)2.2. States whether the licensee has security practices and procedures in place to ensure the confidentiality of the information in accordance with the licensee’s policy. The licensee is not required to describe technical information about the safeguards that it uses. Ins 25.15(4)(4) Short-form initial notice with opt-out notice for non-customers. Ins 25.15(4)(a)(a) A licensee may satisfy the initial notice requirements in ss. Ins 25.10 (1) (b) and 25.17 (3) for a consumer who is not a customer by providing a short-form initial notice at the same time as the licensee delivers an opt out notice as required in s. Ins 25.17.