CoverNote - December 2020 issue

Page 5

Feature

New boss for Suncorp

S

uncorp New Zealand has announced the appointment of Jimmy Higgins to the role of chief executive. Higgins joined Suncorp Group in 2008 and has held a range of senior and executive positions across its Australian and New Zealand insurance businesses. Prior to being appointed acting chief executive of Suncorp New Zealand in July 2020, he held roles in the New Zealand business as chief financial officer and executive general manager, claims. Before joining Suncorp, he was a chartered accountant specialising in audit and forensic accounting. Suncorp Group chief executive Steve Johnston said Higgins was a highly experienced financial services executive with a deep understanding of the insurance industry and New Zealand insurance market. “Jimmy has been a valuable member of Suncorp’s leadership team for many years and has made a strong contribution to the operational and financial strength of our New Zealand business. “Since joining the group in 2008, he has worked across many aspects

of our insurance businesses and has been instrumental in leading our response for some of the worst natural events in our history, including the devastating Christchurch and Kaikoura earthquakes and 2011 Queensland floods. “I’m confident Jimmy’s extensive insurance experience and contribution to wider industry position him well to build on the strong momentum in our New Zealand business.” David Flacks, chair of Suncorp’s New Zealand boards, said the appointment of an internal candidate to the CEO position demonstrated the calibre of talent in Suncorp’s team. “In what has been a year like no other, Jimmy’s leadership, experience and knowledge of the business have been real assets and will enable Suncorp to continuously improve the experience and outcomes it offers to customers.” Higgins said he was honoured to lead the New Zealand business during a time of significant disruption, change and opportunity. “Our business is uniquely positioned to make a difference in the lives of Kiwis and I’ve always felt very proud to be a part of that. “Suncorp New Zealand has gone from strength to strength in recent years and I’m excited to lead a team of truly passionate people as we shape our business for the future and continue to deliver more for our customers and intermediary partners.” Suncorp New Zealand includes the Vero and Asteron Life brands, as well as AA Insurance, AA Life and AA Money in partnership with the New Zealand Automobile Association.

See our Profile feature on page 12

BE YOUR OWN BOSS

The Future is now If you want the freedom and flexibility to run your own General or Life Insurance Advisory Business, then speak to the team at PSC Connect NZ. Being part of PSC Connect comes with a range of benefits, including: • Buying power of the PSC Group which has a gross premium of $1.5b • Full administrative and compliance support • Access to all major markets and specialist underwriting agencies including Lloyds • Agile operating systems that will allow you to work from Home, Office or anywhere • Assistance with hard to place risks • Product and Professional training • Claims and Marketing support

Proud members of:

For confidential enquiries, call: Dave Penfold 021 409 400 dpenfold@pscconnect.co.nz

For confidential enquiries, call: Steve Morris 021 905 911 steve@pscconnectlife.co.nz

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Articles inside

Delta signs international deal

2min
page 43

in

1min
page 48

international platform to drive its network’s business portfolio Insurer remedies for fraudulent claims

34min
pages 32-42

Brokerslink launches dedicated

1min
pages 30-31

Financial Conduct Authority takes action on behalf of policy-holders

6min
pages 26-27

Landmark UK business interruption case

5min
pages 28-29

Suncorp assessed remote-working future

3min
page 24

Insurers investigate car parts questions

1min
page 25

What you can expect in insurance

2min
pages 22-23

COVER STORY: Cyber attacks and the insurance response

6min
pages 20-21

Humans of NZI: She came, she saw, and

3min
pages 18-19

New insurance boss navigating change

7min
pages 14-17

Cyber attacks hit close to home

12min
pages 8-10

Advisers told to take care with vulnerable

3min
page 12

New boss for Suncorp

3min
page 5

Customers no longer contact EQC

2min
page 6

Vero research reveals small businesses are confident about natural disaster resilience

2min
page 11

Northland storm costs insurers $37m

1min
page 13

Allianz ponders pandemic cover

2min
page 7
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