Otodiva – In facing business dynamics and various challenges, Companies need to be able to adapt and innovate to stay relevant and thrive. One important step in this effort is implementing good corporate governance (GCG). Astra Insurance recognized as one of the companies that has successfully implemented GCG well, and won the Indonesia Excellence GCG Awards 2024 di kategori Indonesia Excellence Good Corporate Governance Ethics in Initiatives Strategies to Maintain Credit Quality (Category: General insurance) from Economic Warta.
Warta Ekonomi gives awards to companies that consistently implement Good Corporate Governance (GCG) in carrying out company operations, melalui Indonesia Excellence Good Corporate Governance Awards 2024. The theme GCG Innovation for Better Implementation in Business Ethics and Sustainability was chosen because the implementation of GCG requires innovation to create positive business ethics, which in turn will support Indonesia's economic growth and business sustainability. The assessment is carried out based on the company's financial performance and strategic policies in product innovation, business strategy, integration, and business expansion. The assessment method involves a quantitative desk research approach and qualitative media monitoring. Assessment indicators include transparency, independence, responsibility, accountability, and equality.
As part of management and the company's commitment to comply with regulations and implement the principles of good corporate governance, Astra Insurance manages risk by means of strategic diversification between business lines. This aims to meet various customer needs, while ensuring that each business line is complementary and balanced. Astra Insurance is also active in controlling and preventing fraud, including development and implementation of the Integra Program (Integrity Against Fraud) as a step to prevent and detect fraud. This effort also aims to build a work culture of high integrity and accountability in the company. Besides that, Astra Insurance applies an integrated approach to governance, Risk, Compliance (GRC) as a form of shared awareness and commitment to support the company's sustainability and sustainable growth.
In the year of 2023, Astra Insurance is again trying to provide peace of mind for the community by continuing the steps of the Earth Care Relay, which has taken place in 11 Cities in Indonesia. This activity is used as a forum to encourage activities Environment, Social, & Government (ESG) Astra Insurance to implement the principles Sustainability as an effort to carry out social responsibility and manage the environment in a sustainable manner. Apart from promoting sustainable principles, Astra Insurance also encourages the principle of Pentahelix synergy by collaborating and combining various parties, including the Academy, Business, Community, Government, and Media (ABCGM). Astra Insurance supports four pillars, including the education pillar, health, environment, and entrepreneurship.
Has been standing for 67 year, Astra Insurance continues to be committed to providing peace of mind to all its customers by consistently improving service quality and developing its products. The company also participates in digital changes and advances in order to continue to meet the needs and make it easier for customers in every need, such as the digital insurance product Garda Healthtech., Garda Me, Garda Trip, Garda Edu, and Home Guard, to digital services through Garda Mobile Otocare and Garda Mobile Medcare as well as the latest E-Appointment feature for Garda Medika customers, a feature that makes it easy to make an appointment with a doctor at the desired time by scanning the QR code or entering the code number booking to the self-registration platform, without needing to queue on the Garda Mobile Medcare application.
"Naturally, We thank you for the appreciation that has been given to Astra Insurance. Hopefully through this extraordinary award, can be a motivation for us to continue consistently implementing good corporate governance so that we can make a real contribution to the economic sector of the company and Indonesia in a sustainable manner.. Because we believe strong and effective corporate governance helps foster a culture of corporate integrity, which leads to positive performance and sustainable business as a whole for both individuals and teams. When a company has solid corporate governance, this sends a signal to society that the organization is well managed and management interests are aligned with other stakeholders,” Said VP Governance, Risk Management, and Compliance Astra Insurance, Djoko Anindito.
