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Fidelity Life grows board of directors with new appointment

Fidelity Life grows board of directors with new appointment

Respected figure in the trans-Tasman insurance industry Roger Garrett has been appointed to the Board of New Zealand owned insurance company Fidelity Life Assurance Company Limited.

Mr Garrett has held a number of senior actuarial and management roles in both New Zealand and Australia. He is well known in the life insurance sector from his time as Chief Executive of NZI Life in New Zealand, as well as more recently in his role as Head of Life Operations with Munich Reinsurance Group, based in Australia.

He has extensive experience in life insurance across Australasia, especially through his role with Munich Reinsurance where he was involved in the negotiation and operation of a variety of partnerships with insurers across the region.

Mr Garrett also has considerable governance experience. He is currently a director and chair of the risk committee of TAL Life Australia, formerly TOWER Life Australia, and is a non-executive director with the New Zealand Police Welfare Fund. He has also consulted to the New Zealand Reserve Bank.

Chairman Ian Braddock said the appointment of Mr Garrett takes the Board to six directors and will bring fresh new perspective for the business as the company continues through an exciting period of growth and change.

“Roger brings extensive experience in the insurance industry to the Board. We’re very pleased to have his knowledge join the company at this time as we continue our focus on cementing our position as a leader in the life risk sector in New Zealand.”

ends

About Fidelity Life

Fidelity Life was founded in 1973 to provide life insurance products through financial advisers. Forty years on Fidelity Life remains the country’s largest 100% New Zealand-owned, controlled and operated Life Insurance Company. Fidelity Life employs over 250 staff and has offices in Auckland, Hamilton, Tauranga, Wellington, Christchurch and Dunedin.

The company offers a full range of innovative insurance and investment products specifically designed for New Zealanders that includes personal protection, business insurance and investment options.

www.fidelitylife.co.nz

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