MLC Life Insurance and ClearView Wealth have announced senior appointments this week, while Centrepoint’s CEO is set to depart.
MLC Life Insurance
MLC Life Insurance has appointed Bozenna Hinton as its new GM Product, Pricing & Retail Insurance Proposition.
Reporting directly to recently-appointed Chief Life Insurance Officer, Michael Rogers (see: MLC Appoints New Chief Life Insurance Officer), Hinton will be responsible for ensuring the sustainability of MLC Life Insurance’s portfolio, including the insurer’s new income protection product, which is set to be launched later this year.
Hinton joins the insurer from TAL, where she was most recently the Head of Portfolio Management, Individual Life, with responsibility for overseeing the commercial performance of TAL’s Retail and Direct businesses.
She commenced her role on 3 May.
The former Head of Mental Health and Wellness at Zurich, Maria Falas, has moved to ClearView Wealth to take up the newly-created position of Head of Life Strategy and Transformation.
Reporting to ClearView GM Life Insurance, Gerard Kerr, the insurer says Falas will be integral in the ongoing development and implementation of its life insurance strategy, where it notes it is currently on a ‘multi-year transformation journey’ to ensure it has the right strategy, systems and processes to drive efficiencies and scale.
It says the cornerstone of its transformation program is the delivery of an integrated life insurance policy administration system, underwriting rules engine and adviser portal to coincide with the launch of a new life insurance offer in the second half of 2021.
Centrepoint Alliance has announced that its CEO Angus Benbow will leave the company at the end of May.
In an ASX announcement at the end of last week, Chairman Alan Fisher thanked Benbow for the contribution he has made to the company, “…particularly the repositioning of the advice business through his leadership of the Strategic Refresh transformation, during a significant shift in the regulatory environment.”
Fisher says Benbow has led the firm through an unparalleled period of change in the financial services industry, adding that Benbow leaves the company “…in a strong financial position and with an enhanced reputation for its professional delivery of services to financial advisers.”