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PSC Insurance Group (ASX:PSI) taps David Hosking to head Australia and NZ operations

Finance
ASX:PSI      MCAP $1.902B
14 April 2021 06:00 (AEST)

PSC Insurance Group (PSI) has appointed David Hosking to the new role of CEO Australia and New Zealand.

David was most recently Chief General Manager for the Broker and Agency Division at Allianz Australia and prior to this he was Chief Financial Officer.

He is well known in the insurance sector and to PSC, having worked with PSC for more than a decade while at Allianz.

Furthermore, David has a thorough understanding of the insurance industry, particularly the insurance broking market.

In this new role of CEO David will be responsible for the operations of the Australia Specialty and Agency businesses, the Network Insurance businesses and the Australia Broking businesses.

David will also be responsible for other areas of the business including IT, Life Broking and Workers Compensation.

“We believe the addition of David to the PSC team continue our efforts to be constantly growing our capabilities and will help us as we strive to double the size of the business again over the next four years,” the company stated.

PSC has ended the day 2.5 per cent in the green with shares trading at $3.28 in a $1.01 billion market cap.

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