this type of arrangement may also be called a joint venture agreement or mutual cooperation agreement. mutual business agreements vary based on the type of transactions they govern. a mutual non-disclosure agreement (nda) binds the parties to keep confidential all private information, materials, and knowledge. an nda may also be called a confidentiality agreement or a secrecy agreement. it’s a legally binding agreement on all individuals and businesses in possession of private information. some types of information cannot be protected by a mutual confidentiality agreement, including: you should also remember that an nda cannot be used to protect you against illegal activity.

any insurance risk or risks either by way of insurance or reinsurance which the broker proposes to the company for their consideration. 7.1       it is warranted that the broker will familiarise itself with the terms of any insurance contract that the company underwrites. 8.2       the broker must disclose to the company, before the terms of the insurance contract are finalised with the company, all material information which is known to the broker (or which would be regarded as imputed to the broker) in the ordinary course of its business and which is material to the risk and which might give rise to a claim. 9.3       the broker will notify the company immediately in accordance with separate and independently advised conditions in relation to the notification of claims of all details of any incidents that could give rise to a claim and provide the company with all information relating to the claim.