Suncorp nabs CommInsure exec
Suncorp has nabbed CommInsure’s head of wholesale risk, Michael Back, to head its group risk business.
Back has been head of wholesale risk at CommInsure since 2005. He will join Suncorp as executive manager, group risk, in December, reporting to Suncorp executive general manager, life risk, John Croswell.
Back has more than 20 years' industry experience, including roles at AMP, Colonial and NSP Buck.
A statement from Suncorp said Back oversaw both market share and profit growth at CommInsure during his time with the group, with Suncorp Life group executive Geoff Summerhayes saying Back would play “a vital role” building on Suncorp’s position in the group risk market.
Recommended for you
Professional services group AZ NGA has made its first acquisition since announcing a $240 million strategic partnership with US manager Oaktree Capital Management in September.
As Insignia Financial looks to bolster its two financial advice businesses, Shadforth and Bridges, CEO Scott Hartley describes to Money Management how the firm will achieve these strategic growth plans.
Centrepoint Alliance says it is “just getting started” as it looks to drive growth via expanding all three streams of advisers within the business.
AFCA’s latest statistics have shed light on which of the major licensees recorded the most consumer complaints in the last financial year.