DB Insurance, First in Insurance Industry to Receive Compliance Management Certification

DB Insurance announced on the 23rd that it has become the first in the insurance industry to obtain certification for the Compliance Management System (ISO 37301). Lee Jonha, Head of Compliance Monitoring Team at DB Insurance, and Hwang Eunju, President of Korea Management Certification Institute (from left) Photo by XXX

[Asia Economy Reporter Oh Hyung-gil] DB Insurance announced on the 23rd that it has obtained the Compliance Management System (ISO 37301) certification, the first in the insurance industry.

This is an international standard certification established by the International Organization for Standardization (ISO) in April to achieve corporate compliance management, organizational governance, and ethical management.

Following the acquisition of the Compliance Management System international standard (ISO 19600) in 2017, DB Insurance expects that obtaining this certification will enable effective compliance risk management and global-level compliance management.

A DB Insurance official stated, "We plan to continuously develop by conducting regular monitoring and internal audits of the compliance management system, and we will strive to fulfill not only compliance with laws and corporate ethics but also social responsibility."