TCIP is administrated by the Board of Directors of the Turkish Catastrophe Insurance Pool which consists of seven members, one of whom is the chairman.
The Board of Directors is comprised of the representatives of Prime Ministry, Undersecretariat of Treasury, Ministry of Environment and Urban Planning, Turkish Insurance and Reassurance Companies Association, Boğaziçi University, Capital Markets Board and the Pool Management Company that is Türk Reasürans A.Ş.
The members of the Board of Directors consist of high-level public officers (5), private sector authority (1) and university representative (1).
The structure of TCIP's Board of Directors is based on the representation of relevant parties and successful maintenance of Compulsory Earthquake Insurance program.
BOARD OF DIRECTORS
Insurance and Private Pension Regulation and Supervision Agency Vice President