Tower names new risk executives

insurance platforms risk insurance commonwealth bank life insurance

15 April 2003
| By Jason |

Tower Australiahas reinforced its push back into the risk insurance side of the industry with the appointment of two senior executives in the group’s sales and distribution arms.

Previously national manager of wealth protection atMLC, Jordan Hawke has joined Tower in the role of national sales manager for the risk and investment business.

At MLC Hawke covered the development and rollout of distribution efforts to expand sales in wealth protection products and prior to that was NSW sales operation state manager atColonial.

Head of distribution strategy at Comminsure Michael Downey also joins Tower as national manager for its risk and alliance business.

Apart from the role with the Commonwealth Bank’s risk group Downey also held marketing responsibility for the bank’s network and direct product ranges and managed the group insurance division atAXAandAustralian Casualty and Lifebefore joining Comminsure.

Tower says the new roles reinforce the group’s move back into sales and product development for the market and fits in with its efforts to concentrate on the life insurance market with particular focus on risk business and superannuation platforms.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks 1 day ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

3 weeks 6 days ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

6 days 11 hours ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

2 days 2 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

1 day 6 hours ago