ANZ Wealth appoints chief underwriter


By Megan Tran

Email Article Print Article

ANZ Wealth has appointed Peter Tilocca as chief underwriter for its life insurance business, OnePath, effective immediately.

Tilocca has been acting as the company’s acting chief underwriter following the retirement of John Leonard in March, and brought more than 25 years of life insurance and underwriting experience to the role.

ANZ Wealth head of life insurance Gerard Kerr said over the past few months Tilocca had provided important strategic guidance for the business’s underwriting philosophy and had been a strong force behind policy for the insurer.

“His performance during this time, coupled with his extensive industry experience, made him the obvious choice for the role. I’m very pleased we’ve been able to access this expertise from within the organisation,” Kerr said.

Kerr said Tilocca and his team will focus on developing strategies to deliver innovative solutions for advisers and customers, which would ensure the company was capable of responding to industry changes.

Tilocca’s duties would include underwriting policy, managing the insurer’s quality framework and ensuring the performance of its underwriting rules engine.

He joined ANZ Wealth as group underwriting and operations manager in 2013 and was recently senior manager for insurance transformation.

Before this, Tilocca held senior roles with Reinsurance Group of America and spent four years with ING as chief underwriter.

« Back to Articles