Formerly a Justice of the Supreme Court of Victoria and later serving on the Victorian Court of Appeal, the Honourable Kenneth Hayne held a string of senior positions within Australia’s legal system before being appointed a justice of the High Court of Australia in 1997, a position he held until 2015.
In December 2017, Hayne was appointed by the Australian government to become the commissioner for the Royal Commission into the Royal Misconduct in the Banking, Superannuation and Financial Services Industry, instantly setting him up to have unrivalled influence on the insurance industry
At press time, Hayne is yet to release his final report, but regardless of the outcome, he has already been instrumental in pushing the entire sector, including general insurance, into a new era of heightened expectations. Insurance is now moving rapidly towards a baseline obligation of meeting community standards and expectations, and the entire industry is eagerly awaiting the commission’s report.
