IAG’s Cornish becomes ICA president
The Insurance Council of Australia has appointed a new president, Insurance Australia Group personal insurance chief executive, Andy Cornish.
The appointment was confirmed by the ICA board this week, with Cornish’s appointment being for two years from 1 January, 2015.
Cornish succeeds Mark Miller in the role. Miller is the chief executive, personal insurance at Suncorp Group.
QBE Insurance chief executive, Colin Fagen has been appointed deputy president.
Recommended for you
The exit of as many as 1,600 advisers as a result of the education requirements will fundamentally redefine adviser capacity, Padua Wealth Data says, and leave clients facing longer turnaround times and reduced access to advice.
WT Financial managing director Keith Cullen has become the latest advice licensee to describe how artificial intelligence is transforming its business as well as plans for two further Hubcos.
ASIC has temporarily suspended the AFSL of a Newcastle-based advice firm after discovering it had unknowingly provided financial services for two years without a key person.
The Financial Advice Association Australia’s Advice Academy has formally launched, assisting Professional Year candidates and supervisors.

