Corporate governance is a set of processes, practices, policies, procedures, laws, internal controls, communication systems, and reporting systems that influence the direction, management, and monitoring of a company. It aims to establish an effective legal framework for corporate governance, through which it activates the role of company stakeholders and facilitates the exercise of their rights. It plays a role in protecting the interests of stakeholders.
Corporate governance also encompasses the relationships between various stakeholders and the objectives that govern the company's actions. The key stakeholders include shareholders, the board of directors, employees, regulatory bodies, customers, creditors, suppliers, partners in insurance business activities, the industry, and the community as a whole. Corporate governance refers to the system by which shareholders, creditors, and other stakeholders of Delta Insurance are assured that management enhances the company's value to compete in an increasingly inclusive market. It includes the entire legal, regulatory, and practical framework for managing and overseeing the company. The primary goal of corporate governance is to create added value for all stakeholders in Delta Insurance.
To achieve this goal, it is necessary, among other things, to establish clear principles for proper supervision and good management. Furthermore, it is important that these agreed-upon governance principles are developed transparently for all relevant stakeholders, thereby preserving their rights and encouraging their participation in the governance process. Both the Board of Directors and the committees, as well as the officials and employees of Delta Insurance, are committed to the optimal application of the company's governance principles as a guide to achieving the company's strategic objectives. The company continuously makes efforts to raise awareness of good corporate governance within its management. At the same time, the company announces its ongoing commitment to clarity of vision and mission for Delta Insurance, which constitutes an integral part of the attached governance report.
Delta Insurance Governance System is designed to:
sustainability is of an increasing importance to our stakeholders and significantly impacts how we conduct our business.
Therefore, we have clear strategies and approaches for the continuity of our operations, and as a testament to this principle, the company has obtained ISO 14001 certification for the Environmental Management System.
Delta Insurance places the most priority on compliance with regulatory requirements set forth by the Egyptian Financial Regulatory Authority, as well as professional laws and internal regulations.
This is done to detect violations, if any, at an early stage so that appropriate actions can be taken to prevent or mitigate any harm to the company, its clients, employees, and business partners.
Based on Delta Insurance Company's belief in the importance of keeping up with the latest scientific systems and methods in management with its clients to achieve their satisfaction, we are committed to providing high-quality services that meet our clients' requirements and expectations within the specified time and at a reasonable cost. We are dedicated to continuous improvement and development in all areas.
We are also fully committed with clients, the community, employees, suppliers, and visitors to achieve accident prevention and control, environmental pollution prevention, and the preservation of all surrounding environmental aspects.
We adhere to local and international laws and regulations through:
