OVERSIGHT FUNCTIONS definition
OVERSIGHT FUNCTIONS means those activities, functions and responsibilities listed under the heading "Bell" in Exhibits O-1 and O-2;
OVERSIGHT FUNCTIONS means an Insurer’s (defined above to also include reciprocal insurance exchanges and incorporated insurers, including farm mutuals) functions that are responsible for providing independent, enterprise-wide oversight to operational management for each significant activity of the Insurer, including the Insurer’s: actuarial, compliance, risk management, internal audit, Senior Management, and the Board.