Melbourne: Formed out of the networks of National Advisor Services (NAS) and Westcourt General Insurance Advisors (WGIB), Managing Director Paul Ayton has announced the new leadership structure which will guide and support the development of the new organisation.
“We’ve laid the foundations of our combined businesses with the shared purpose of supporting communities so they can grow, sustain and thrive. This is a purpose that is common to all parts of our network and is already serving to strongly connect people.
“We’ve worked to preserve and promote the strength of both organisations,” said Mr Ayton as he announced the new leadership structure.
The new structure has impacted three Perth-based roles. Claire Robinson, Chief Operating Officer, has accepted a voluntary redundancy and has finished up with the business as of last week. Ayton noted his gratitude for Robinson’s contribution to the business, “we certainly thank Claire and wish her all the best.”
The people from the two other impacted roles have accepted positions within the business. Jenette Baker, previously General Manager – Operations, has been appointed to the role of Head of Risk & Compliance. Donna Tingley has been appointed to the role of Financial Operations Manager (previously she was Group Accountant for WGIB).
“We’re also pleased to note that Greg Dowd has been confirmed as the Chief Financial Officer for the network, having joined the NAS network as CFO two years ago,” highlighted Ayton.
“We’ve made a commitment to our network and customers that we will continue to grow and develop as the best in the country, not just the biggest. We’re focussed on ensuring the hundreds of communities around Australia get the best advice and service and at the same time, leveraging our scale to be the most efficient organisation for our business partners,” Mr Ayton said.
Growth continues for the new business, as they also welcome a large percentage of the CGU AR network into the fold as part of IAG’s efforts to reduce the number of insurance licences in the group.
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About the new network
IAG acquired Westcourt General Insurance Brokers (WGIB) in July 2016. WGIB is a national business that manages a network of authorised brokers, and is now being integrated into IAG’s pre-existing authorised broker business, National Adviser Services (NAS), making the combined businesses number one in this market.
WGIB has a primarily metropolitan footprint and NAS is among the largest rural and regional general insurance brokers in Australia. Bringing the best of both businesses will enable leveraging of investment and scalability within broking services, relationships, technology, marketing and succession planning.