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CEO Declarations

The Insurance Monitor invited the Chief Executive Officers (or authorised delegates) of insurance companies to make a commitment to ensure appropriate systems and procedures are put in place to have regard to and apply the Insurance Monitor’s Guidelines.

The Guidelines on the Prohibition against price exploitation and the prohibition on engaging in false or misleading conduct in relation to the emergency services levy reform were updated in July 2017, to allow for the re-establishment of a contribution scheme to continue funding the fire and emergency services in NSW. 

The Insurance Monitor considers a CEO Declaration to be an important public statement of an insurer’s commitment to comply with these Guidelines and the statutory provisions. Both Guidelines state that “adherence to the Guidelines will reduce the likelihood that the Insurance Monitor will have concerns that conduct may be in breach of the statutory prohibitions.” 

95 Insurance companies were requested to submit appropriately signed CEO Declarations on the Insurance Monitor’s template by 1 September 2017.  The tables below show the companies which have and have not responded to the Monitors invitation.

Company Name Declaration received Signatory Title
AAI Ltd. Yes Anthony Day CEO Insurance
Affinity Risk Partners Yes Peter Grant CEO
Allianz Australia Insurance Ltd. Yes Niran Peiris  Managing Director
Allied World Assurance Company Ltd. Yes Iain Macleod Senior Vice President
AON Risk Services Australia Ltd. Yes Lambros Lambrou CEO
Arch underwriting at lloyd's Yes Dominic Brannigan Regional Manager
Arthur j. Gallagher & Co Yes Sarah Lyons CEO
Asia Mideast Insurance & Reinsurance Pty Ltd Yes Adel Dawood Managing Director
Assetinsure Pty Ltd. Yes Gregor Pfitzer CEO
Auto & General Insurance Co Ltd. Yes Ram Kangatharan CEO
Axa Corporate Solutions Assurance Yes Hubert Jumel CEO
Bovill Risk and Insurance Consultants Pty Ltd. Yes Christopher Bovill Director
Brooklyn Underwriting Pty Ltd. Yes Robin Johnson CEO
Catlin Australia Pty Ltd. Yes Robin Johnson CEO
Catholic Church Insurances Ltd. Yes Roberto Scenna CEO
Chubb Insurance Co of Australia Yes John Charles French Country President
Commonwealth Insurance Ltd. Yes Helen Troup Managing Director
Ensurance underwriting Pty Ltd. Yes Michael Huntly CEO
Factory mutual Insurance company Yes Lyndon Broad Operations Manager
Great Lakes Australia  Yes Ralph Ronnenberg Director
High street underwriting agency Pty. Ltd. Yes Alan Whittle Managing Director
H.W. Wood Australia Pty Ltd. (Lloyds) Yes Fleur Taylor  Managing Director
Insurance Australia Group Ltd. Yes Mark Milliner CEO, Australia Division
Insurance Manufacturers of Australia Pty Ltd. Yes Mark Milliner CEO, Australia Division
Insure that Pty Ltd. Yes Peter Hayward Managing Director
Ironshore Australia Pty Ltd.   Yes William Lewis Managing Director
Jardine Lloyd Thompson Pty Ltd. Yes Leo Demer CEO
KJ Risk Group Pty Ltd. Yes Justin Niven Managing Director
Liberty Mutual Insurance Co. Yes Michael Joseph Abdallah President & Managing Director Asia Pacific
National Transport Insurance  Yes Tony Clark CEO
One Underwriting Pty Ltd. Yes Lambros Lambrou CEO
Professional Risk Underwriting Pty Ltd. Yes Hamish Nye Executive Director
QBE Insurance (Australia) Ltd. Yes Pat Regan CEO
Quantum Insurance Holdings Pty Ltd. Yes Alexander Thornton Director
RAA Insurance Ltd. Yes David Russell CEO
RACQ Insurance Ltd. Yes John Myler CEO
Sompo Japan Nipponkoa Insurance Inc. Yes  Glen Drinnan General Manager
Sportscover Australia p/l  (Lloyds) Yes Simon Allatson CEO
Starr Underwriting Agents Yes Ross Matthews CEO
Strathearn Insurance brokers Yes Sarah Lyons CEO
Swiss Re International se Yes Melanie Slack Country Head Aus & NZ
The Hollard Insurance Company Pty Ltd Yes Richard Enthoven CEO
Tokio Marine Management (Australasia) Pty Ltd.  Yes Shigekazu Ueno CEO
Westpac General Insurance Ltd. Yes Brad Cooper CEO 
Willis Australia Ltd.  Yes Andrew Boal Head of Australasia
XL Insurance Co. SE. Yes Robin Johnson CEO
Youi Pty Ltd. Yes Frank Costigan CEO
Zurich Australia Ltd.  Yes Rajbir Nanra CEO General Insurance

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Companies which have not yet provided a signed copy of the Insurance Monitor's CEO Declaration, or those which have provided a copy of the CEO Declaration, but in an incorrect format, are listed below.

Company Name
Achmea Schadeverzekeringen n.v
AIG Australia Ltd.
AIOI Nissay Dowa Company Australia Pty Ltd.       
Ansvar Insurance Ltd.
ATC Insurance Solutions Pty Ltd.
Austagencies Pty Ltd.
Axis Underwriting Services Pty Ltd.
Berkley Reinsurance Australia
Berkshire Hathaway
Blue Badge Insurance Australia
Cinesure Pty Ltd.
CKA risk solutions Pty Ltd.
CRE Insurance broking Pty Ltd.
Dolphin Insurance Pty Ltd.
East west Insurance brokers Pty Ltd. 
Eric Insurance agency Pty Ltd.
Genesis underwriting Pty Ltd.
Gow-Gates Insurance Brokers Pty Ltd
Gsa Insurance Brokers Pty Ltd.
Guild Insurance Ltd.
HDI-Gerling Industry Insurance
Honan Insurance Group Pty Ltd.
Hostsure Underwriting Agency Pty Ltd.
Insurance Advisernet Australia Pty Ltd.
Jua Underwriting Agency Pty Ltd.
Latitude Underwriting Pty Ltd.
Manufactured Homes Insurance
Marsh Pty Ltd.
MBA Insurance Service Pty Ltd.
Millennium Underwriting Agencies
Miramar Underwriting Agency
National Adviser services Pty Ltd.
National Franchise Insurance
NM Insurance Pty Ltd.
Pacific International Insurance company
Pacific Underwriting Corp Pty Ltd.
Pen Underwriting Agency Pty Ltd.
Progressive Direct Insurance Co.
SLE Worldwide Australia Pty Ltd.
Sovereign House Pty Ltd. 
Steadfast Placement Solutions Pty Ltd.
Sura Hospitality Pty Ltd. 
Terrace Insurance Brokers Pty. Ltd.
Trident Insurance Brokers Pty Ltd.
Trinity Pacific Underwriting Agencies Pty Ltd.
TT Club Mutual Insurance Ltd.
Winsure Underwriting Pty Ltd.

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In completing the CEO declaration, CEOs are requested to include their company's logos, either in conjunction with, or in substitution for, the Monitor's Logo.

CEO declarations were due to be received by the Insurance Monitor by 1 September 2017.

Click word icon to download CEO declaration word version

word document attached

 

Click pdf icon to view CEO declaration pdf

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