Corporate Governance in Insurance Organizations: Contemporary Drivers and Development Directions

The article examines current trends and future prospects of corporate governance development in insurance organizations. Special attention is given to the influence of global corporate governance standards on the activities of insurance companies, the need to enhance transparency, improve risk management efficiency, and protect policyholders’ interests. The study analyzes the challenges of adapting international corporate governance principles to national insurance practices, the role of boards of directors and supervisory bodies, as well as the opportunities of digitalization and the integration of ESG principles into corporate governance. It is concluded that improving corporate governance in insurance organizations is an essential condition for strengthening their competitiveness, resilience, and trust from clients and investors.

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