Mandate

This Committee has responsibility for developing the FSC’s strategies and policies in relation to life insurance.

The Committee’s objectives are to:

  • develop policies and standards for the life insurance industry to support the provision of affordable and appropriate life insurance and financial protection for Australians;
  • encourage and support the industry to continually improve its efficiency and effectiveness for the benefit of its consumers;
  • improve levels of consumer awareness of the value of adequate levels of life insurance;
  • support and promote underwriting practices that are based on a fair and evidence-based assessment of risk;
  • maintain and increase consumer confidence in the life insurance industry; and
  • continually advocate an appropriate regulatory and tax regime to ensure the most efficient delivery of life insurance products to Australians. 

The Committee has oversight of the FSC’s relationship with relevant regulators and State and Federal government departments that have responsibility for life insurance, including: the Australian Prudential Regulation Authority (APRA); Australian Securities and Investments Commission (ASIC); the Department of Treasury and State revenue offices.

 

Co-Chairs

The Committee comprises two members of the FSC's Board:

  1. FSC Director, Damien Mu, Chief Executive Officer, AIA Australia Limited
  2. FSC Director, Brett Clark, Managing Director, TAL Life Limited

 

FSC Contacts

Nick Kirwan

Director - Life Insurance
P: 02 8235 2511          E: This email address is being protected from spambots. You need JavaScript enabled to view it.

Aidan Nguyen

Policy Manager - Life Insurance
P: 02 8235 2533
E: This email address is being protected from spambots. You need JavaScript enabled to view it.


 

Life Board Committee

Alex Homer

Chief Customer & Brand Officer

TAL Limited

Anthony Brown

Chief Executive Officer

NobleOak Life Limited

Anton Kapel

Chief Financial Officer Life & Appointed Actuary

Challenger Limited

Ben Walsh

Chief Life Insurance Officer

AIA Australia Limited

Brett Clark

Group Chief Executive Officer & Managing Director

TAL Limited

Damien Mu

Chief Executive Officer & Director

AIA Australia Limited

Dion Russell

Chief Executive Officer

SCOR Global Life Australia

Gerard Kerr

General Manager Life Insurance

Clearview Wealth Limited

Gerd Obertopp

Managing Director

Hannover Life Re of Australasia Ltd

James Louw

Managing Director

Gen Re Life Australia Ltd

Justin Delaney

Chief Executive Officer

Zurich Australia & New Zealand

Kevin Keane

Acting General Manager, Life

HCF Life

Leigh Watson

Head of L&H Client Markets, Australia & NZ, Director Reinsurance

Swiss Re Life and Health Australia Limited

Mark Stewart

Managing Director

RGA Reinsurance Company of Australia Limited

Megan Beer

Chief Executive Officer Australasia

Resolution Life and AMP Life

Nick Lethbridge Head of Product, Pricing & Data

Hallmark Life Insurance Company

Nico Carro Chief Executive Officer

Munich Reinsurance Company of Australasia Limited

Phil Fraser Chief

QInsure Limited

Richard Nunn

Chief Executive Officer

MetLife Insurance Limited

Rodney Cook 

CEO and Managing Director

MLC Life Insurance

Rob Daly

Managing Director, Insurance

Westpac 

Sean McCormack

Chief Executive Officer

Integrity Life Australia Limited

Tyson Johnston

General Manager, Australia

Pacific Life Re (Australia) Pty Limited

Yan Sun

Chief Executive Officer

AXA Life Re Australia

 

Life Board Committee meeting dates for 2021

All meetings will be held by videoconference from FSC offices.

Monday 22 February 10:00am - 12:00pm
Monday 22 March 10.00am - 12.00pm
Monday 31 May
10.00am - 12.00pm 
Monday 19 July 10.00am - 12.00pm
Thursday 16 September 2.00pm - 4.00pm
Monday 29 November 10.30am - 12.00pm