GUARANT LIMITED (GUARANT) is committed to maintaining the highest standards of corporate governance to ensure transparency, accountability, and ethical conduct in all aspects of our operations. As a registered and regulated insurance and reinsurance company in the Autonomous Island of Anjouan, we adhere to the regulations and guidelines set forth by the Anjouan Offshore Finance Authority with license no L15605/GICL

 and we strive to exceed these standards whenever possible.

 

Our governance framework is designed to promote the interests of our stakeholders, including shareholders, policyholders, employees, and the communities in which we operate. The key elements of our governance structure include:

 

Board of Directors:

Our Board of Directors consists of highly experienced professionals who bring diverse expertise to guide and oversee the strategic direction of the company. The board is responsible for setting policies, monitoring performance, and ensuring compliance with applicable laws and regulations.

 

Code of Conduct:

We have established a comprehensive Code of Conduct that outlines the ethical principles and standards that all employees, directors, and stakeholders must adhere to. This code promotes integrity, fairness, and responsible business practices throughout the organization.

 

Risk Management:

We have implemented a robust risk management framework to identify, assess, and mitigate risks that may impact our business operations. This includes regular risk assessments, scenario planning, and the development of contingency plans to ensure the resilience of our operations.

 

Compliance and Regulatory Oversight:

GUARANT Insurance Company Limited strictly adheres to all applicable laws, regulations, and industry standards. We maintain a dedicated compliance team to ensure ongoing compliance with regulatory requirements and to monitor changes in the regulatory landscape.

 

Stakeholder Engagement:

We actively engage with our stakeholders, including policyholders, shareholders, employees, regulators, and the broader community. We value their input and feedback, and we strive to maintain open and transparent communication channels to address their concerns and incorporate their perspectives into our decision-making processes.

 

Internal Controls and Audit:

We have implemented robust internal control mechanisms to safeguard our assets, ensure accurate financial reporting, and detect any potential fraud or misconduct. Regular internal audits are conducted to evaluate the effectiveness of these controls and identify areas for improvement.

 

At GUARANT Insurance Company Limited, we recognize that good governance is essential for building trust, maintaining the confidence of our stakeholders, and driving sustainable growth. We are committed to upholding the highest standards of governance, continuously reviewing our practices, and adapting to evolving regulatory requirements to ensure the long-term success of our business while creating value for our stakeholders.