Chief Risk Officer Karl Armstrong
will stay on for another term as president of the Australian and New Zealand Institute of Insurance and Finance (ANZI
IF) board, it has been announced following the industry body’s AGM yesterday.
The deputy chair position will also have a strong Kiwi influence, with Allan Reynolds
, EGM – direct & New Zealand of Steadfast
, taking up the position.
New board member Tim Considine, managing director of Austbrokers Countrywide, was officially welcomed after commencing as a director in January 2016.
IF CEO Prue Willsford
welcomed the new members.
“We are so pleased to welcome Tim and Allan, both of whom have extraordinary experience in the industry as well as vision,” she said.
IF looks to the future, our board will provide invaluable guidance and insight.”
Reynolds explained why he was pleased to take on the role of deputy chair.
“Through its world-class education, membership and community initiatives, ANZI
IF plays a vital role in supporting insurance professionals, businesses and the industry to grow and succeed.
“I am looking forward to working with ANZI
IF’s members and partners across insurance at this exciting yet challenging time,” he said.
Departing directors, board deputy president Heinrich Eder of Munich Re
, Colin Fagen of QBE
and Frank Crapis, previously of Munich Re
, were also acknowledged during the AGM.
The full board line-up is now:
(president) – Chief Risk Officer – IAG
New Zealand Ltd
(deputy) – EGM – direct & New Zealand – Steadfast
Jonathan Fox (immediate past president) – general manager – Elders Insurance Ltd
Paul Allison – principal and COO – Guy Carpenter
Andrew Bart – CEO – Crawford & Co Australia
Megan Beer – director of insurance – AMP
Tim Considine – managing director – Austbrokers Countrywide
Daniel Fogarty – consultant
Tony Lee – executive director – Seascope Risk Services (Hong Kong) Ltd
Callan McDonnell – Executive manager, CI learning campus, commercial insurance learning and development – Suncorp
– EGM – Rothbury
– CEO – ANZI
Willsford and past president Jonathan Fox also recognised a number of award winners and members for their contribution to ANZI
IF and the insurance industry.
IF president Tony Morgan was recognised with honorary membership for his extraordinary service to ANZI
IF, having been involved with the organisation for over 40 years.
He is known as one of the region’s leading experts on business interruption and is the former president of the Australasian Institute of Chartered Loss Adjusters.
The annual ANZI
IF Service Award was presented to ANZI
IF Fellow Alan Brown.
Brown was recognised for his work mentoring and supporting young insurance professionals and for his significant contribution to the development of education materials for ANZI
IF students in Papua New Guinea. He previously held roles with Zurich, AIG
The EE Vines Memorial Prize for the most outstanding article written by a member for ANZI
IF’s quarterly publication, Journal, was awarded to QBE
New Zealand’s Alistair Monk
for his article ‘The war we lose’.
Monk’s essay discussed the challenges insurers face in balancing the consumer demand for competitively priced insurance products with those that meet their needs and provide adequate cover.