Financial services industry stalwart Mark Stubbings has been promoted to Head of Alliances at iExtend.
The company says in a statement that this is a newly created role “…to facilitate industry and association collaboration and pioneer connection pathways for a unique life insurance option.”
It says Stubbings is well-known and respected across the industry, previously working as iExtend’s Queensland Distribution Manager.
“Given his work promoting the collaborative nature of iExtend across licensees and advice practices, [his] role has expanded beyond state borders.”
The company says that in July Stubbings worked with a number of industry identities and organisations to run the inaugural joint FPA, AFA, SMSFA, MDRT and XY Adviser Roadshow, which toured Northern Queensland.
The success of the roadshow and two earlier combined events has led to a similar roadshow being planned for Tasmania. Stubbings’ new role will see him facilitate other industry collaborations “…while continuing to build momentum for iExtend.”
Stubbings has specialised in financial services across Australia and New Zealand, working in a number of licensee, financial advice and product provider roles. He worked at Sunsuper for five years and for 12 months at Aware Super, where he designed, launched and further developed their respective offers to the IFA market.
He is also State Secretary for the AFA in Queensland.
iExtend CEO David Sarkis says Stubbings is an insurance professional and highlighted his capacity to engage and bring the industry together on key issues.
The company was launched in March this year and allows policyholders to co-own a life policy with iExtend so they can retain a partial interest in the original policy and eliminate future premium payments on the co-owned policy that was to be cancelled.
“The purpose and vision for iExtend is to help Australians who have determined to cancel or reduce their life insurance retain an interest on the co-owned portion at no extra cost,” the company says.
