Tugu Insurance maintains international anti-bribery certification amid transparency demands
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- Tugu Insurance has maintained its ISO 37001:2016 Anti-Bribery Management System certification for four consecutive years.
- The company emphasizes strengthening corporate governance and risk management to build stakeholder trust amid rising transparency demands.
- Tugu Insurance also received an award for its commitment to Good Corporate Governance and Ethics in Building Stakeholder Trust.
PT Asuransi Tugu Pratama Indonesia Tbk (Tugu Insurance) has successfully retained its ISO 37001:2016 Anti-Bribery Management System (SMAP) certification for the fourth year in a row since 2021. The company views the reinforcement of corporate governance and risk management as crucial elements in maintaining stakeholder confidence, especially in an insurance industry facing increasing demands for transparency.
Edi Yoga Prasetyo, Director of Compliance and Risk Management at Tugu Insurance, stated that the implementation of Good Corporate Governance (GCG) goes beyond regulatory compliance. He described GCG as the foundation for enhancing competitiveness and ensuring business sustainability. "For Tugu Insurance, GCG is not just part of regulatory compliance, but also a basis for strengthening risk management, improving competitiveness, and building trust with customers, shareholders, regulators, and all stakeholders," Edi Yoga said in a statement on Monday.
For Tugu Insurance, GCG is not just part of regulatory compliance, but also a basis for strengthening risk management, improving competitiveness, and building trust with customers, shareholders, regulators, and all stakeholders.
The ISO 37001:2016 certification, issued by TรV SรD Indonesia, covers two key strategic functions: procurement of goods and services, and claims services. To maintain this certification, Tugu Insurance underwent an external audit that included system evaluations, document reviews, and interviews with management.
In addition to upholding its anti-bribery certification, Tugu Insurance was honored with the "Indonesia Excellence Good Corporate Governance โ Ethics in Building Stakeholder Trust through Governance and Risk Excellence" award at The 5th Indonesia Excellence Good Corporate Governance (GCG) Awards 2026. This award recognizes companies consistently applying corporate governance principles and effective risk management. Edi Yoga reiterated that in the dynamic insurance industry, transparency, accountability, responsibility, independence, and fairness are vital for business resilience and stakeholder trust. Tugu Insurance is committed to further strengthening its culture of compliance, risk management, and innovation to create added value for all its stakeholders.
Tugu Insurance will continue to prioritize the principles of transparency, accountability, responsibility, independence, and fairness in every business process.
Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.