Fundamentals and principles of corporate governance
As a guiding concept, corporate governance encompasses all principles and rules that are geared towards the long-term interests of the company, and which can help to control and monitor the structures and conduct of senior management.
Our corporate governance principles are rooted in structures and processes. They ensure compliance, ethics and quality in all areas.
Management structure and committees
The Visana Group has a clear management structure with clearly defined responsibilities.
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The Board of Directors and Trustees is responsible for strategic management of the Visana Group.
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Audit and Risk Committee (ARC), Nomination and Compensation committee (NCC), Investment Committee (IC), Internal Auditing, External Auditing.
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Manages business operations and implements strategic guidelines.
This structure establishes clear responsibilities and enables effective control, efficient processes and a consistent company-wide strategic orientation.
Control mechanisms and transparency
Transparency is a central pillar of governance at Visana and provides the basis for trust and sustainable business conduct. That is why Visana undergoes regular internal and external audits. This includes:
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External audits by independent bodies
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Internal control systems (ICSs) for risk monitoring
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Compliance guidelines
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Reporting by means of the Annual Report and Foundation Report
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A Code of Conduct that provides practical guidance on implementing Visana’s vision, guiding principles and values
These measures promote trust among all stakeholders, from policyholders to partners, right through to the general public – and ensure sustainable and responsible business conduct.
If you have noticed any misconduct or rule breach, you can send us information, either anonymously or under your name, via our reporting office – securely, confidentially and without detriment to yourself.
Frequently asked questions about corporate governance at Visana
The Visana Group’s strategic direction is determined by its Board of Directors. The Board is responsible for long-term corporate strategy and for the direction of Visana Beteiligungen AG and its subsidiaries.
The Board of Directors defines strategic goals, approves important projects and oversees implementation. The Executive Board is then responsible for implementing strategic directives in the operational business.
Several mechanisms interact to ensure that Visana complies with governance rules:
- Internal control systems (ICS) constantly monitor risks and processes and identify divergences at an early stage.
- Compliance directives set clear standards for rules-compliant and ethical behaviour throughout the company.
- Regular external audits by independent agencies provide objective verification of compliance with all legal and regulatory requirements.
- A comprehensive reporting system ensures that the results are transparent and disclosed to stakeholder groups.
All this ensures that Visana acts responsibly, transparently and in accordance with the applicable standards at all times.
Effective corporate governance creates trust, stability and reliability. Insured persons have an assurance that Visana uses their premiums responsibly, manages risks professionally and provides long-term financial security.
Partners benefit from clear decision paths, transparent processes and reliable framework conditions for cooperation. Visana’s high standards of compliance, ethics and quality ensure that the services it provides are sustainable, fair and beneficial to all stakeholder groups.
This is how effective corporate governance helps ensure that Visana operates reliably, responsibly and with an eye to the future.
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