Under the 2005 Insurance Act, The Commission shall consist of a maximum of seven commissioners, including The Superintendent of Insurance, the Deputy Superintendent of Insurance and three to five other members, comprised of persons with a wide experience in the areas of insurance, finance, commerce, law or administration; and are appointed by the Governor-General after consultation with the Minister of Finance.
Dwayne Mortimer is the Chairman of the Board of the Commissioners. Dana Munnings-Gray, Superintendent of Insurance, is the Chief Executive Officer of the Commission and is charged with the day-to-day management and operation of the office. Lourey Smith is the Deptuy Chairman and Rodney D. Bain serves as Deputy Superintendent of Insurance.
The Commissioners meet at least once per month, and are responsible for the overall governance of the Office of the Commission and for the establishment of related policies.
- Promoting Sound And Prudent Insurance Regulation