40-year insurance career earns QB honour

One of the insurance broking industry’s most senior figures has been honoured with Medal of the Order of Australia.

John Richardson, former Marsh Australia CEO and ANZIIF President, was recognised with a Queen’s Birthday honour for his services to both insurance and the broader community, through his work with organisations such as the Fred Hollows Foundation and the Australian Business Arts Foundation.

Richardson says receiving the OAM is both thrilling and an honour.

“It is just as much a recognition for the wonderful work done by the many organisations I’ve been involved in as it is for me,” he says.

“It’s just part of giving back to the community.”

Although officially retired, Richardson maintains senior roles with the Marsh and McLennan Companies, having started with Marsh in New Zealand four decades ago.

He says he never imagined his career would reach the heights it has.

“I was the most junior of brokers when I began. I could tell that because my desk was the furthest from the door,” he says.

“Insurance has been great for me as a career and it’s still very exciting. It’s undergoing constant change.

“Years ago placement was the primary focus. That’s still there but it is no longer the primary driver. People are looking for more detailed and constructive advice about managing risk.

That’s the area where more and more of the broking industry is headed.”

Four other insurance professionals were also awarded Queen’s Birthday honours:

  • Avant Insurance Director Jonathan Burdon (AM),
  • WA insurance Commission Chairman Frank Cooper (AO),
  • Former IAG Director Geoffrey Cousins (AM), and
  • Former RAC Insurance Chairman Rodney Evans (OAM)