Nissan 2013 Annual Report Download - page 46

n Transportation and storage of vehicles and products for sales
This program covers risks relating to transportation and the supply chain
for parts and products globally. By covering risks spread geographically
under a global program, we can manage loss data on a global basis and
ensure stability of insurance costs.
From fiscal 2011, this program was also combined with Renault’s
program for negotiating with insurance companies to achieve best
possible results utilizing synergies of scale.
n Product liability
To manage this risk, we have insurance programs suitable for the legal
systems and practices in each region. The programs are led by the Global
Headquarters in order to implement a consistent strategy globally.
n Indemnity liability for unanticipated accidents during operations or caused
by owned or managed facilities (general liability)
While keeping in mind the legal systems and compensation criteria of
various countries, a globally uniform program is being implemented to ensure
consistent worldwide coverage and to achieve lower insurance costs.
3. Utilization of Captive Insurance Company
For the purpose of more efficient self-retention on a consolidated basis for
insurance programs other than general liability, Nissan Global Reinsurance, a
Bermuda-based captive insurance company (an insurance company of the
Nissan Group) is utilized to reinsure a certain amount of risk for each of our
global programs.
Utilization of a captive insurance company enables the following:
n Helps to reduce insurance costs by obtaining the minimum
necessary insurance
n Each group company can obtain necessary coverage
n Can gather and analyze loss data below self-retained limit
4. Loss Prevention Activities
Nissan conducts loss prevention activities to improve loss results and reduce
the cost of premiums on an ongoing basis. Since the global insurance
programs have been introduced, loss prevention activities have been
promoted more actively and globally to maintain low premium rates. Examples
of Nissan’s loss prevention activities include conducting risk-engineering
surveys and obtaining recommendations for safety from third-party experts,
creating manuals for actions in the event of typhoons and constructing hail
nets to prevent hail damage.
Nissan shares its Information Security Policy with group companies
worldwide and implements necessary measures through the
Information Security Committee, bolstering its capability to prevent
information leaks and other such incidents. Furthermore, we carry out
various in-house programs every year to thoroughly educate and
motivate employees to uphold their responsibilities in this regard.
Protecting Personal Data and Reinforcing Information Security
Nissan recognizes its social responsibility to properly handle customers’
personal information, in full compliance with Japan’s Personal Information
Protection Act. We have set up internal systems, rules and procedures for
handling personal data. All group companies in Japan are fully enforcing
these processes.
Moreover, Nissan shares with group companies worldwide its
Information Security Policy as its basis to reinforce overall information
security. Our Information Security Committee implements measures as
necessary to further strengthen information security in order to prevent
information leaks and other such incidents. To thoroughly educate and
motivate employees to uphold their responsibilities in this regard, we institute
regular in-house educational programs every year.
INFORMATION SECURITY
CORPORATE GOVERNANCE
NISSAN MOTOR COMPANY ANNUAL REPORT 2013
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CONTENTS
MANAGEMENT MESSAGES
CORPORATE FACE TIME
PERFORMANCE
NISSAN POWER 88