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Insurance Australia (ASX:IAG) appoints Tim Plant as Chief Insurance and Strategy Officer

ASX 200
ASX:IAG      MCAP $15.37B
21 July 2021 03:00 (AEST)
Insurance Australia (ASX:IAG) - Chief Insurance and Strategy Officer, Tim Plant

Source: Insurance Asia News

Insurance Australia (IAG) has appointed Tim Plant to the newly created role of Chief Insurance and Strategy Officer.

Mr Plant has 30 years of experience in the insurance industry, having a Master of Business Administration and Graduate Diploma in Agricultural Economics.

Prior to joining IAG, he was CEO – General Insurance Australia and New Zealand at Zurich Insurance Group for three years.

In this role he was responsible for developing and driving the company’s general insurance strategy and sustainable business growth.

Before joining Zurich, Mr Plant was Group Executive Insurance for icare, Australia’s largest public sector self-insurer.

He has also had stints at QBE, QBE London, Australian Eagle Insurance and SwissRe.

At IAG, Mr Plant will he will be accountable for group governance regarding underwriting, claims and customer experience as well as developing IAG’s strategy.

CEO and Managing Director Nick Hawkins is pleased to have someone of Mr Plant’s calibre and experience join the team.

“Tim brings a considerable depth of underwriting and insurance experience, as well as a deep understanding of customer needs through his leadership roles in the Australian and New Zealand general insurance markets,” Mr Hawkins said.

“Tim’s experience will further bolster IAG’s leadership and I look forward to welcoming Tim to the team.”

IAG has ended the day in the grey with shares trading at $4.83 in an $11.90 billion market cap.

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