17 March 2017
Key changes to Insurance Council Board
The Board of the Insurance Council of Australia (ICA) has made several new appointments following a Special Board Meeting held in Sydney yesterday.
· Mr Anthony Day, Chief Executive Officer Insurance, Suncorp, has been appointed President of the Insurance Council and Chairman of the Board
· Mr Richard Enthoven, Chief Executive Officer, The Hollard Insurance Company, has been appointed Deputy President
· Mr Patrick Regan, Group Chief Financial Officer and Chief Executive Officer, Australian & New Zealand Operations, QBE, has joined the Board as a Director
The Managing Director of Allianz Australia Insurance, Mr Niran Peiris, has stepped down as Acting President and as Deputy President. He remains a director.
ICA CEO Rob Whelan said Mr Day and Mr Enthoven brought strong industry experience to the Board’s leadership for their two-year terms.
“Anthony and Richard represent companies with diversified insurance portfolios and different business models – a long-established major insurer and a rapidly growing challenger brand,” Mr Whelan said.
“Their industry expertise, and their keen interest in influencing how the general insurance industry adjusts and responds to Australia’s rapidly changing political landscape and financial services sector, will be put to great use in these key positions.
“Further, on behalf of the industry and the Board, I would like to thank Niran Peiris for his service to the Board this year.
“I also extend our appreciation to Colin Fagen, who stepped down as President several months ago, for his contributions to the Board and the industry since becoming a director in August 2011.”
The current Board Members are:
Mr Anthony Day, Chief Executive Officer Insurance, Suncorp (appointed a Director in February 2016)
Mr Richard Enthoven, Chief Executive Officer, The Hollard Insurance Company (appointed a Director in May 2013)
Executive Director and CEO
Mr Rob Whelan, Insurance Council of Australia (Chief Executive Officer since March 2010)
Mr Noel Condon, Chief Executive Officer, AIG Australia Limited (appointed May 2011)
Mr Mark Milliner, Chief Operating Officer, IAG Limited (Director since 2009, previously served as President 2012 to 2014 and Interim President July 1-December 31, 2016)
Mr Niran Peiris, Managing Director, Allianz Australia Insurance Limited (appointed February 2013)
Mr Patrick Regan, QBE Group Chief Financial Officer and Chief Executive Officer, Australian & New Zealand Operations (appointed March 2017)
Mr David Russell, Chief Executive, RAA Insurance Limited (appointed May 2015)
Mr Mark Senkevics, Managing Director and Head of Australia & New Zealand, Swiss Reinsurance Company Limited (appointed May 2012)
Ms Helen Troup, Managing Director, Commonwealth Insurance Limited (appointed May 2015)
ICA Board of Director profiles are available at http://www.insurancecouncil.com.au/our-people?board=