Marine Insurance Leader Club Marine Welcomes New CEO
Marine Insurance Leader Club Marine Welcomes New CEO
9
The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
In a notable shift in its leadership ranks, Club Marine, a key player in the marine insurance market and subsidiary of Allianz, has officially instated Tim Wiles as its Chief Executive Officer.
Wiles, having confidently steered the company since last November as interim CEO, has now been entrusted with the permanent leadership mantle.
With a wealth of experience accrued within Club Marine, starting from his origins as a junior underwriter back in 2007, Wiles has ascended the corporate ladder demonstrating his versatility across multiple domains including underwriting, client services, technical affairs, and product development. His appointment promises to uphold consistency and stability following the departure of former CEO Karen Te Maipi.
Ms. Jenita Wijaya, Acting General Manager Agencies at Allianz Australia Insurance, lauded Wiles’s unwavering dedication and adept leadership qualities, expressing optimism for the future as the company embarks on an evolutionary path under his guidance.
For Wiles, the new position is not just a professional achievement but a personal milestone, aligning with his passionate engagement in the marine sphere. His stewardship over the past half year not only reflects skilled management but also embodies his deep-rooted connection to the aquatic world and enthusiasm for boating.
As he assumes the official CEO role, Wiles is poised to further the success of Club Marine, building upon its reputation as Australia's foremost provider of recreational boat insurance and steering the firm towards new horizons in service excellence and market growth.
Published:Tuesday, 7th May 2024 Source: Paige Estritori
Please Note: If this information affects you, seek advice from a licensed professional.
Recent data from the Council of Australian Life Insurers (CALI) reveals a significant shift in the landscape of income protection insurance in Australia. Mental health conditions have emerged as the leading cause of total and permanent disability (TPD) claims, accounting for nearly one-third of all claims paid. In 2024 alone, insurers disbursed over $2.2 billion for retail mental health claims, a figure that has almost doubled compared to five years prior. - read more
Recent research from Rainmaker Information indicates a notable decrease in income protection insurance premiums across Australia. Direct income protection premiums have fallen by 12% for policies with a 30-day waiting period and 13% for those with a 90-day waiting period since 2024. Similarly, premiums for life products sold through advisers have decreased by 5%, with income protection premiums dropping by 7% for 30-day waiting periods and 5% for 90-day periods. - read more
New research from the Association of Superannuation Funds of Australia (ASFA) reveals that superannuation insurance now provides critical protection to over 6 million Australians who would otherwise be uninsured. This expansion has been achieved without impacting household spending, as the coverage is included within superannuation contributions. - read more
Income protection insurance is a type of coverage designed to replace a portion of your income if you're unable to work due to illness or injury. - read more
When life throws unexpected challenges your way, income insurance can be a financial lifesaver. Essentially, it's a policy designed to replace a portion of your income if you're unable to work due to illness or injury. Imagine not having to worry about bills piling up while you focus on recovery. That's the peace of mind income insurance aims to provide. - read more
Income protection insurance is a type of insurance policy designed to provide you with a continuous flow of income in case you are unable to work due to illness or injury. It's a safety net that helps ensure you can maintain your standard of living, even when unforeseen health issues arise. - read more
When life throws unexpected challenges your way, being financially prepared can make all the difference. This is where Income Protection Insurance and Total Permanent Disability (TPD) Insurance come into play. These two types of insurance provide a crucial safety net, ensuring that you and your family remain financially stable even when you're unable to work due to illness or injury. - read more
Income insurance, an often-overlooked component of financial security, is gaining traction among Australia's burgeoning self-employed population. In an economy where traditional employment is no longer the sole path to success, this form of insurance has become a cornerstone for proactive financial planning. Touted as a safety net, it ensures that personal livelihoods and business operations remain secure in the face of adversity. - read more
Start Here !
Apply now for your free Insurance assessment and price comparisons!