Transitions: Late August 2014

Broker Buzz brings you the important movements between companies in August.



Steve Ord has been appointed as the new State Manager of Victoria at ACE Group.

Ord has extensive underwriting leadership experience and in his new role will be looking after 38 employees at ACE’s second largest branch in Australia.

Australia and New Zealand President John French says Ord’s knowledge of the Victorian market is a huge gain for ACE.

“We are fortunate to attract talent like Steve and I am delighted that he has decided to join the ACE team,” he says.

“With his underwriting expertise, knowledge of the Victorian market and leadership skills, our brokers and clients are in a safe pair of hands as we continue to deepen and grow relationships to expand our business.”



Coface has appointed Hung Wong as CEO of the Asia Pacific region.

Wong will also be joining the Executive Committee.

Wong has a strong background in sales and joins Coface from Juniper Networks, where his job was to drive business growth since 2012.



Mark Reid has taken over as the new CEO of Greenstone, the Australian financial services arm of Hollard.

Reid joins as former Chief Executive of Bankwest’s Retail Bank.

Hollard CEO Richard Enthoven says Reid brings with him plenty of experience from all over the world.

“We’re excited to have someone of Mark’s experience and proven financial services leadership joining the company. He brings a wealth of experience with a proven performance track record, both locally and internationally,” he says.

“Greenstone is entering an exciting growth phase and Mark will be an important catalyst for our plans.”



Joan Fitzpatrick, former CEO of ANZIIF, has been appointed to Recoveriescorp’s board of directors.

Fitzpatrick is a qualified barrister and only recently retired from ANZIIF after 16 years.

Recoveriescorp CEO David Mond says Fitzpatrick will bring a new dimension to the board.

“Joan Fitzpatrick is well known and widely respected for her leadership in creating a national insurance institute and expanding its influence here and through the Asia/Pacific region,” he says.

“Her skills and expertise will be invaluable as more of Australia’s leading insurance firms are entrusting Recoveries Corp to manage their claims recoveries and maximise their returns.”



Suncorp Commercial Insurance have announced Edward Rawnsleyas their new National Construction Manager.

Rawnsley is an experienced Underwriting Manager and has been working with Suncorp since 2005.

His new role will see him look after Surety and Engineering.

Executive General Manager Darren O’Connell says Rawnsley is perfect for the role.

“Edward established a very strong track record during his leadership of the Professional and Financial Risks team, forging many relationships with key brokers both in Australia and internationally,” O’Connell says.

“He is the ideal person to lead the Construction and Engineering team. He will bring a fresh perspective to help us consolidate our position across the broader construction segment and capitalise on opportunities as they arise.”