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.

Signed Declarations received

Companies providing a signed CEO Declaration on the Insurance Monitor's template

Company NameDeclaration receivedSignatoryTitle
AAI Ltd.YesAnthony DayCEO Insurance
Affinity Risk PartnersYesPeter GrantCEO
Allianz Australia Insurance Ltd.YesNiran Peiris Managing Director
Allied World Assurance Company Ltd.YesIain MacleodSenior Vice President
AON Risk Services Australia Ltd.YesLambros LambrouCEO
Arch underwriting at lloyd'sYesDominic BranniganRegional Manager
Arthur j. Gallagher & CoYesSarah LyonsCEO
Asia Mideast Insurance & Reinsurance Pty LtdYesAdel DawoodManaging Director
Assetinsure Pty Ltd.YesGregor PfitzerCEO
Auto & General Insurance Co Ltd.YesRam KangatharanCEO
Axa Corporate Solutions AssuranceYesHubert JumelCEO
Bovill Risk and Insurance Consultants Pty Ltd.YesChristopher BovillDirector
Brooklyn Underwriting Pty Ltd.YesRobin JohnsonCEO
Catlin Australia Pty Ltd.YesRobin JohnsonCEO
Catholic Church Insurances Ltd.YesRoberto ScennaCEO
Chubb Insurance Co of AustraliaYesJohn Charles FrenchCountry President
Commonwealth Insurance Ltd.YesHelen TroupManaging Director
Elkington Bishop Molineaux Insurance Brokers Pty ltdYesStuart DedmanManaging Director
Ensurance underwriting Pty Ltd.YesMichael HuntlyCEO
Eric Insurance LimitedYesMalcolm TilbrookCEO
Factory mutual Insurance companyYesLyndon BroadOperations Manager
Great Lakes Australia YesRalph RonnenbergDirector
High street underwriting agency Pty. Ltd.YesAlan WhittleManaging Director
H.W. Wood Australia Pty Ltd. (Lloyds)YesFleur Taylor Managing Director
Insurance Australia Group Ltd.YesMark MillinerCEO, Australia Division
Insurance Manufacturers of Australia Pty Ltd.YesMark MillinerCEO, Australia Division
Insure that Pty Ltd.YesPeter HaywardManaging Director
Ironshore Australia Pty Ltd.  YesWilliam LewisManaging Director
Jardine Lloyd Thompson Pty Ltd.YesLeo DemerCEO
KJ Risk Group Pty Ltd.YesJustin NivenManaging Director
Liberty Mutual Insurance Co.YesMichael Joseph AbdallahPresident & Managing Director Asia Pacific
National Transport Insurance YesTony ClarkCEO
One Underwriting Pty Ltd.YesLambros LambrouCEO
Professional Risk Underwriting Pty Ltd.YesHamish NyeExecutive Director
QBE Insurance (Australia) Ltd.YesPat ReganCEO
Quantum Insurance Holdings Pty Ltd.YesAlexander ThorntonDirector
RAA Insurance Ltd.YesDavid RussellCEO
RACQ Insurance Ltd.YesJohn MylerCEO
Sompo Japan Nipponkoa Insurance Inc.Yes Glen DrinnanGeneral Manager
Sportscover Australia p/l  (Lloyds)YesSimon AllatsonCEO
Starr Underwriting AgentsYesRoss MatthewsCEO
Strathearn Insurance brokersYesSarah LyonsCEO
Swiss Re International seYesMelanie SlackCountry Head Aus & NZ
The Hollard Insurance Company Pty LtdYesRichard EnthovenCEO
Tokio Marine Management (Australasia) Pty Ltd. YesShigekazu UenoCEO
Trident Insurance Brokers Pty Ltd.YesRick WoloznyManaging Director
Westpac General Insurance Ltd.YesBrad CooperCEO 
Willis Australia Ltd. YesAndrew BoalHead of Australasia
XL Insurance Co. SE.YesRobin JohnsonCEO
Youi Pty Ltd.YesFrank CostiganCEO
Zurich Australia Ltd. YesRajbir NanraCEO General Insurance

Companies not submitted Declaration

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. 
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.
Steadfast Placement Solutions Pty Ltd.
Sura Hospitality Pty Ltd. 
Terrace Insurance Brokers Pty. Ltd.
Trinity Pacific Underwriting Agencies Pty Ltd.
TT Club Mutual Insurance Ltd.
Winsure Underwriting Pty Ltd.

CEO Declaration - July 2017

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.

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