Good Corporate Governance

Focusing on the working process that is based on Good Corporate Governance, Tugu Insurance is committed to optimizing performance for the sake of the company’s long-term contribution.

Good Governance Practices

Good Governance Practices work as the base structure in determining policy, with due regard to the provisions of the Articles of the Association and applicable legislation.

More

Board Manual

Board Manual plays an important role in improving the working performance’s quality and effectiveness of the Board of Commissioners and Directors, so it will create transparency, responsibility, accountability, independency, and fairness. All of which are parts of the principles of applying Good Corporate Governance. This document was authorized through a Decision Letter with the Board of Commissioners and Directors from Tugu Insurance.

More

Committee’s Work Guidelines

To create an optimal control system in Tugu Insurance’s internal body corporate, a Committee was formed to help the Board of Commissioners. At Tugu Insurance, the Board Committee consists of several sectors. These include the Audit Committee, Risk Policy Committee, Remuneration and Nomination Committee, and Good Corporate Governance (GCG) Committee.

More

Corporate Governance Guidelines

Corporate Governance

Principles applied in Tugu Insurance to optimize the company’s performance and contribution, as well as maintaining the company’s sustainability in the long term.

More

Integrated Governance

The integrated governance to optimize the stability of the financial system that grows sustainably in the company.

More

Business Ethics and Code of Conduct

Regulating the company procedures regarding attitudes and behaviors towards stakeholders and employees. It also regulates employee’s attitudes and behaviors in interacting with fellow employees.

More

Conflict of Interest

Guidelines for preventing conflicts of interest that could potentially harm the customers and companies.

More

Gratification

Regulation regarding gratification or giving various things to employees and stakeholders, including giving money, goods, commissions, and other facilities.

More

Anti-Fraud Strategies

Preventing cases of irregularities in banking operations that can potentially harm customers or companies.

More

Handling of Customer Complaints

Tugu Insurance provides special services to handle complaints submitted by customers.

More

Anti Money Laundering Program & Prevention of Terrorism Funding

In Tugu Insurance, we strive to create a working environment that doesn’t give the slightest chance for anyone to conduct a money laundering program.

More

Transparency and Disclosure

To increase the trust of shareholders and stakeholders, Tugu Insurance publishes transparency and disclosure guidelines.

More

Reports on the Assets of State Administrators

Tugu Insurance publishes a guideline regarding the obligation for state administrators to report their assets.

More

Internal Audit Charter

The internal audit unit is assigned to formulate and implement the annual internal audit plan independently. They will then evaluate the implementation of internal control and management system to ensure they comply with the company policy. The responsibility of the internal audit unit also includes examining the effectiveness in accounting, finance, operations, human resources, marketing, and information technology.

More

Risk Management Policy

In carrying out its business activities, Tugu Asuransi carries out various types of risks that need to be managed in a planned, systematic and structured manner through the application of Risk Management to take advantage of potential losses and optimize opportunities to achieve the goals.

More