Governance practices
An assessment of a company’s governance practices helps establish its corporate governance rating.
THE GOVERNANCE EVALUATOR
A stronger board starts
with a clearer view.
An independent perspective on corporate governance, integrated into the underwriting process.
LOOK BEYOND THE POLICY
Understanding risk.
Improving perspective.
ProRISK’s proprietary Governance Evaluator examines corporate governance practices as part of underwriting. It provides boards with independent commentary and identifies areas where practices may be improved.
Developed in partnership with the founder of Global Governance Advisors, the Evaluator combines governance expertise with our management liability focus.
A company’s governance rating informs our assessment of risk and gives the board a more specific view of its governance strengths and areas for attention.
WHAT IT BRINGS TO THE CONVERSATION
From observation
to understanding.
A practical perspective for the underwriting team and the board.
Underwriting insight
The assessment brings a deeper understanding of governance risk into the underwriting process.
Areas for improvement
Independent commentary helps boards recognize specific practices and issues that deserve attention.
A GOVERNANCE PERSPECTIVE
The practices behind
effective oversight.
Our governance approach considers practices such as these. They are discussion areas, not a statement of current legal requirements.
Board independence
A majority of independent directors and an independent board chair.
Independent discussion
Separate, regularly scheduled meetings of independent directors.
Clear responsibilities
A written board mandate and position descriptions for directors.
Ongoing development
Comprehensive orientation for new directors and continuing education.
Conduct & ethics
A written code of business conduct and ethics.
Connected to D&O
Explore how our management liability expertise supports the broader conversation.
Directors & officers insuranceGOVERNANCE EXPERTISE
A specialist
point of view.
Our Vice Chair, Luis Navas, is the founder of Global Governance Advisors. His experience in board advisory, executive compensation and corporate finance contributes to ProRISK’s governance perspective.
The Governance Evaluator supports a more informed discussion of risk. It is not a substitute for a board’s own professional or legal advice.
Meet our senior teamSTART WITH YOUR BOARD’S PERSPECTIVE