In order to monitor critical areas of business, following committees have been formed:

Audit Committee
This committee consists of three Board of Directors and an expert, which continuously monitors governance of laid down policies. It also ensures compliance of the comments made by independent Internal Auditor in the day-to-day affairs of the company.

Investment Committee
This is a functional committee, consisting of four Board of Directors, one Advisor to the Board and CEO. The role of investment committee is to ensure right balance between returns and safety of the company’s investments.

Executive Committee
Executive Committee, which consists of CEO, COO, Head of Businesses, Head of Underwriting, Head of Finance, Head of IT, Head of Share and Legal, Head of Internal Audit, Head of Branding & Corporate Communication which ensures effective management of the company.

Risk Management Committee
This committee is chaired by CEO where COO, Head of Underwriting, Head of Finance and Head of IT are the other members of this committee. It works within the purview of Audit Committee and ensures zero gaps between the laid down policies and activities of the company.