Governance
The Institute of Insurance Claims Professionals (“Institute”) is governed by the Institute’s By-Laws and is overseen by our corporate governance committees.
Education and Learning Committee
Ensures the relevance, accessibility and quality of the Institute’s learning and assessment products whilst maintaining processes which are transparent, fair to candidates and compliant with the regulators’ requirements.
Professional Standards Committee
Promotes and supports professionalism including competence and ethical behaviour across the Institute’s membership in order to engender public trust.
Audit and Risk Committee
Monitors and reviews the Institute’s financial statements, financial controls, audit function and risk framework and to make recommendations and escalate issues of concern to the Institute’s Board.
Nominations and Remuneration Committee
Its principle roles are to:
- Ensure that the processes to appoint Board and Committee members (including if appropriate a Chief Executive and Chief Operating Officer as members of the Board) are fair, open and transparent
- Recommend the remuneration policy to the Board for Board members (including Committee Chairs). At present all positions are voluntary with only legitimate business expenses in fulfilling the Board role are met by the Institute.
- Approve the individual remuneration packages for a Chief Executive and/or a Chief Operating Officer within the remuneration policy remit and budgets approved by the Board.