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

Senior Policy Manager
P: 02 8235 2511
E: This email address is being protected from spambots. You need JavaScript enabled to view it.


 

Life Board Committee

Andres Webersinke

Managing Director

General Reinsurance Life Australia Ltd

Andrew Linfoot

Chief Executive Officer, Life

Munich RE

Anthony Brown

Chief Executive Officer

NobleOak Life Limited

Anton Kapel

Chief Financial Officer Life & Appointed Actuary

Challenger Limited

Alex Homer

Chief Customer & Brand Officer

TAL Limited

Brett Clark

Group Chief Executive Officer & Managing Director

TAL Limited

Chris Powell

Managing Director & CEO

Integrity Life Australia Limited

Damien Mu

Chief Executive Officer & Director

AIA Australia Limited

David Hackett

Chief Executive Officer

MLC Life Insurance

Dion Russell

Chief Executive Officer

SCOR Global Life Australia

Gerd Obertopp

Managing Director

Hannover Life Re of Australasia Ltd

Jeremy Houghton

Strategy Manager

AIA Australia Ltd

Mark Senkevics

Managing Director & Head of ANZ

Swiss Re Life and Health Australia Limited

Mark Stewart

Managing Director

RGA Reinsurance Company of Australia Limited

Matthew Rady

Chief Executive Officer

Allianz Retire+

Matthew Way

Chief Executive Officer

St Andrew's Life Insurance Pty Ltd

Megan Beer

Group Executive - Insurance

AMP Limited

Morris Garsin General Manager, Life

HCF

Nick Lethbridge Head of Product, Pricing & Data

Hallmark Life Insurance Company

Phil Fraser Chief

QInsure Limited

Richard Nunn

Chief Executive Officer

MetLife

Sue Houghton

General Manager, Insurance

BT Financial Group

Simon Swanson

Managing Director

ClearView Wealth Limited

Tim Bailey

Chief Executive Officer, Life & Investments

Zurich Financial Services Australia Limited

 

Life Board Committee meeting dates for 2019

All meetings will be held at FSC Level 24, 44 Market Street Sydney

 

Thursday 7 February 3.30pm - 5.00pm
Tuesday 2 April 10.30am - 12.00pm
Friday 31 May 1.00pm - 2.30pm 
Wednesday 24 July 10.30am - 12.00pm
Monday 2 September 9.30am - 11.00am
Wednesday 6 November 9.30am - 11.00am