As we embark on New Frontier, the power of our business rests on the strength of our brand, the diversification and resilience of our business and our leading position in key markets. These assets have been built on the back of an evolving suite of diverse products, services and solutions that have underpinned our strength for more than 150 years and across economic cycles.
MetLife is committed to putting our customers at the center of everything we do and treating them fairly. In our businesses, we prioritize customer care and satisfaction, and we help employers demonstrate that they care for their own workforce, improving overall business outcomes. We commit to exceptional service delivery through simple, timely and effective solutions. Our Code of Business Ethics and internal policies and procedures require that we present our products and services, our Company and ourselves with honesty, integrity and in compliance with the law. We have internal guidelines for product development, marketing, sales, underwriting, policy administration and benefits payments to promote compliance with applicable local regulations.
MetLife has a global Customer Protection Policy that addresses product governance, marketing, sales practices, complaints management and customer benefits. The policy also outlines our Customer Fairness Principles:
To uphold these principles, our businesses embed fair treatment of customers into their business models, strategy and practices.
MetLife’s global business operates across four regions—the U.S., Asia, Latin America (LatAm), and Europe, the Middle East and Africa (EMEA). Each regional business head reports to the Chief Executive Officer.
We have trained our sales and marketing teams to provide complete and accurate information to help facilitate customer decisions. The risks associated with the failure of delivering on customer protection are identified, assessed, managed and reported as appropriate to senior management through the country, regional and global risk committees. Certain committees of MetLife's Board of Directors also receive periodic updates on top compliance risks, which can include customer protection risks.