Transparency, Credibility and Accountability in Action
At Trust Insurance, corporate governance is not just an institutional obligation, but a vital operating principle.
We have structures and mechanisms in place to ensure that every decision is taken responsibly, every action is carried out transparently and every objective is aligned with the interests of policyholders, shareholders and society.
Why Corporate Governance is Essential
In a sector like insurance, trust is our most powerful asset. Trust, however, is not earned by promises alone, but by consistency, transparency and accountability.
At Trust Insurance, we invest in a system of corporate governance that:
Supports strategic accountability and sustainable development
Enhances compliance with European and national regulatory frameworks
Shields our operations against risks
Cultivates a culture of integrity and ethical behaviour
Pillars of Corporate Governance at Trust Insurance
Independent and Responsible Board of Directors
Our Board of Directors is composed of professionals of high standing and experience, with the role of guiding and overseeing the strategy and operation of the organization.
Compliance with Legislative and Regulatory Framework
We strictly follow the requirements of the Cyprus Securities and Exchange Commission, the Insurance Authority and the current European regulatory framework (Solvency II).
Internal Control and Risk Management
We apply an integrated internal control and risk management system, aiming at the early identification of issues, the prevention of deviations and the adoption of corrective measures.
Transparency and Open Communication
We communicate openly with all stakeholders, ensuring that we provide accurate, timely and meaningful information to shareholders, customers and regulators.
Ethics and Code of Conduct
Trust operates a Code of Business Ethics, which sets out expectations of behaviour at every level of the organisation - from management to employees.
Our Purpose: Sustainable Development with Values
Corporate governance at Trust is not just regulatory - it is a way of operating and thinking.
Through continuous improvement of policies, procedures and oversight, we ensure:
Sustainability and resilience to market challenges
Strengthening the reputation and social capital of the organisation
Safeguarding the interests of all parties involved
TRUST's Commitment to Policyholders and Society
Our commitment to good corporate governance principles enhances the credibility, legitimacy and social responsibility of the organisation.
Our goal is to be an insurance provider that customers, partners and society can rely on - not only today, but also in the future.
Other Services
Internal Audit
The internal audit services at Trust Insurance confirm that the policy set by the Board of Directors is being adhered to.