Asteron (and Suncorp) appoints new boss

Suncorp, which includes Asteron Life, has promoted the head of claims to the role of chief executive.

Thursday, October 15th 2020, 1:10PM 1 Comment

Suncorp New Zealand has today announced the appointment of Jimmy Higgins to the role of Chief Executive Officer, effective today.

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, he held roles in the New Zealand business as CFO 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 says Higgins is 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.”

The chairman of Suncorp’s New Zealand boards, David Flacks, says the appointment of an internal candidate to the CEO position demonstrates 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 says: “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.

Tags: Asteron Suncorp

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Comments from our readers

On 19 October 2020 at 4:23 pm Graeme Lindsay said:
About 20 years ago, they put a F&G man to head both F&G and Life. It was a disaster! Claims treatment turned toxic.

I hope that history doesn't repeat!

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