Corporate Governance

Transparency, Credibility and Accountability in Action

At Trust International Insurance Company (Cyprus) Ltd, 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.

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corporate governance at Trust

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

  1. 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.

  1. 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).

  1. 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.

  1. Transparency and Open Communication

We communicate openly with all stakeholders, ensuring that we provide accurate, timely and meaningful information to shareholders, customers and regulators.

  1. 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.

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Financial Audit at Trust Insurance Cyprus
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Internal Financial Audit at Trust Insurance Cyprus

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.

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