Enhancing Board Effectiveness – Board services for the insurance sector

Corporate governance effectiveness has emerged as one of the top priorities on the regulatory agenda of insurance supervisors.

Based on the guidelines for the System of Governance of international bodies such as EIOPA and the general requirements for System of Governance under the updated Solvency II Directive, national regulators are revisiting their codes on corporate governance. In the UK, the FRC’s UK Code on Corporate Governance outlines the main principles of good governance, primarily for listed companies.