We are run by our Board of Directors and governed by our Council of Members.
NHBC's governance structure has the following committees reporting to it:
Monitors and audits NHBC's customer care and complaints procedures.
Reviews the overall performance, asset allocation and risk management of the portfolio along with the activities and conduct of the investment managers.
Monitors and reviews financial control and risk management systems as part of the internal audit requirements.
Agrees the remuneration strategy for the company, including directors and senior management.
Advises on Board membership, renewals and appointments to Board committees.
Advises the Board on NHBC's overall risk appetite, tolerance, strategy and exposure.
NHBC has two subsidiary companies and two other important committees:
Established to manage the Approved Inspector licence for the purposes of undertaking building control.
Established to manage NHBC's non-insurance services - primarily training, health and safety, and sustainability services.
Addresses issues, and oversees the work of NHBC, specific to Scotland.
Addresses issues, and oversees the work of NHBC, specific to Northern Ireland.