CALI completes board line-up

The Council of Australian Life Insurers (CALI) has completed its board make-up with nine representatives from the industry.

Sitting on the board was:

• Brett Clark, group chief executive of TAL Life;
• Damien Mu, chief executive of AIA Australia;
• Justin Delaney, chief executive of Zurich Australia & NZ;
• Kent Griffin, chief executive of MLC Life Insurance;
• Megan Beer, chief executive of Resolution Life;
• Richard Nunn, chief executive of MetLife Australia;
• Sean McCormack, chief executive of Integrity Life;
• Simon Swanson, managing director of ClearView Wealth; and
• Tyson Johnson; senior vice president of Pacific Life Re.

Clark and Mu would act as co-chairs of the board while the remainder would be directors.

Christine Cupitt as chief executive, who joined from the Australian Banking Association, had also taken up her role.

CALI was set up last year after a group of 19 life insurers moved away from the Financial Services Council (FSC) to form their own association.

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“Given the changing landscape in both regulation and structure, as an industry, we believe the time is right to form a dedicated peak body to focus solely on matters affecting the life insurance industry and its customers,” CALI said at the time.

Its priorities would include upholding existing industry standards and practices, lifting consumer standards through professional standards and codes of conduct, informing Australians about the role and value of insurance and seeking opportunities to further contribute to the community, among others.