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Governance

We have a firm commitment to ethical and legal business practices. Gen Re is fully committed to complying with all laws and regulations applicable to our businesses in the jurisdictions in which we operate. Employees are expected to deal honestly and fairly with their fellow associates, clients, prospects, vendors, and other third parties.

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Code of business Conduct

We take social responsibility very seriously with respect to our associates, our clients, our community, and our environment. We have a Code of Business Conduct in place. This policy guides our employees in fair and ethical business conduct and explains our shared responsibilities to the public and our clients, and amongst ourselves. Every associate across the organization is expected to adhere to the Code of Business Conduct.

We are in the process of developing a vendor code of conduct. It will outline our expectations of our vendors with respect to ethical behavior, labor practices, environmental responsibility, health and safety, information security, and other relevant topics. The purpose of the vendor code of conduct is to ensure that our vendors are aligned with our values and principles and to promote responsible, secure, and sustainable business practices throughout our supply chain.

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Risk Culture

At Gen Re we nurture a culture that has a healthy respect for risk. Our approach to risk management begins with a risk culture grounded in our core values.

  • Honesty with ourselves and our stakeholders about our views of risk
  • Transparency in our approach and processes for evaluating risk
  • Realistic assessments of risk
  • Vigilance in continuously analyzing, monitoring, and managing risk

We believe risk management is the core function of any risk-assuming enterprise, and view risk management as the responsibility of each employee, every day.

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Ethical Behavior

Gen Re is committed to ethical behavior in all our business operations, including dealings with employees, clients, and vendors. Employees are expected to comply with all applicable laws and regulations and to deal honestly and fairly with their fellow associates, clients, prospects, vendors, and other third parties.

We believe that the work environment should be free from discrimination, and we are committed to combatting all forms of modern slavery and to carrying out our business in a fair, honest, ethical, and open manner. We are committed to taking steps to ensure that human rights abuses, in any form, do not occur in either our business or our supply chains.

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Whistelblowing Policy

Gen Re maintains a whistleblowing policy that gives employees the ability to anonymously raise concerns and have those concerns fairly investigated.

Berkshire Hathaway maintains a third-party hotline that allows all employees of Berkshire Hathaway group companies to report alleged improprieties anonymously.

Data Privacy

Our business requires that we collect and maintain substantial amounts of information, including, in certain circumstances, personally identifiable data. When we receive personally identifiable data, we take steps to handle the data in a responsible manner consistent with applicable privacy laws, our core values and our business objectives.

All information relating to our associates, our clients, or the business operation of the Company is confidential. We have legal and ethical obligations to preserve and protect our employees' and clients’ confidences.

IT Security

Gen Re’s IT security is not only capable of addressing ever-evolving security challenges and threats, but it also contributes to the development and deployment of strong IT governance.