The Investment Committee has overall responsibility for the operation and administration of the invested assets of the  Association.  The members of the Investment Committee are fiduciaries of the invested assets with respect to all responsibilities allocated to them.

The Investment Committee is charged with adopting periodically reviewing, and revising an Investment Policy Statement, subject to the Board’s agreement; monitoring the performance of investment funds in accordance with the Investment Policy Statement; reviewing, retaining or replacing investments held by IRUA and reviewing the backgrounds of Investment Committee members and staff to ensure that no conflict of interest exists.

The Committee shall consist of the current IRUA Treasurer, acting as Chairperson, and no fewer than two other members of the Board nominated by the Chair.  The committee may form subcommittees as it deems appropriate.  Subcommittees may be formed to address special projects for a limited period or may become standing subcommittees for a particular purpose.

Chair

Dwayne Elliott, American Agricultural Insurance Company 
delliott@aaic.com

Lauria Herubin
lherubin@mapfre.com

The memberships charge is to study and recommend policy to the board relating to the building and maintenance of membership in the organization; Study and recommend a long-range plan of membership goals and activities to meet these goals; when appropriate, examine applications for membership and make recommendations to the board; explore reasons for each membership cancellation and submit a report on the findings. If applicable, issue a report on any organizational shortcomings responsible for cancellation and review periodically, and if necessary, make recommendations on current rules and regulations, qualifications relating to membership as outlined in the bylaws. 

The membership committee is also responsible for the development of a list of membership prospects with assignments for personal contacts to be made by committee members, board, and staff; assist the staff in acquiring biographies and information about activities of new members for use in the organization newsletters, journal, etc.; review, regularly, with the Executive Director the membership recruitment activities carried on by IRUA headquarters and be familiar with the type and scope of membership activities and programs conducted by other industry organizations. 

Chair 

Keith Cartmell, Toa Re
kcartmell@toare.com 

To assess on an ongoing basis the educational needs of the IRUA membership; develop educational curriculum and programs to address the needs identified; arrange for educational programs to be offered to staff of member and non-member organizations; report on committee activity at regular business meetings to include the results of previous programs and new program ideas, if any; Maintain an active listing of the Educational Programs available for the Reinsurance Industry and make this available to member companies. 

Education Committee Co-Chairs

Cathryn Thom, TransRe
 cthom@transre.com
  
James Wilson, Partner Re
 james.wilson@partnerre.com