At PrimeLife, we are committed to the highest standards of corporate governance and ethical conduct.To ensure our commitment, we have developed a framework within which we operate that enables us to be governed by laid down policies and procedures.
This committee consists of four members, Three Directors and Internal Auditor, 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.
This is an Investment committee, consisting of three members, One Director, Chief Executive Officer and Chief Financial Officer. It works within the risk areas and investment sector, purview of Audit Committee and ensures zero gaps between the laid down policies and activities of the company.
This is a HR related functional committee, consisting of three members, One Director, CEO and Head of Human Resource Department. The role of the Human Resource Committee is to make decision regarding Human Resource related issues & HR Policies review process.
This is a Claim related functional committee, consisting of three members, One Director, CEO and Head of Claim Department. The role of the Claim Payment Committee is to prepare policy regarding the process of claim payment and review the Claim payment policy.
Executive Committee, which consists of Chief Executive Officer, Head of Underwriting, Company Secretary, Head of Human Resource, Head of Marketing, Chief Financial Officer, Head of Operations / Admin, Head of IT, Head of Agency, Head of Corporate Business, Head of FE Business, Head of Claim which ensures effective management of the company.