Macquarie Life leaders join Zurich Australia’s life insurance and investments business

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Zurich’s Life & Investments division has appointed two respected and experienced Macquarie Life personnel into senior management positions, in anticipation of Macquarie’s life risk business (Macquarie Life) joining Zurich later this year.

Daniel Longden will join Zurich as Head of Strategy & Propositions and will join the Life & Investments’ executive team. His role will oversee the development and implementation of strategy and key initiatives, as well as proposition management and development across Zurich’s life risk and investments portfolios.

In addition, Dave Evans will join Zurich as National Sales Manager, Retail Risk, and assume responsibility for driving sales across Zurich’s life insurance product range, which will expand significantly for Zurich with the inclusion of Macquarie Life’s innovative product portfolio. Dave will report into Kristine Brooks, Head of Distribution, and add to the senior panel of sales professionals on Zurich’s award-winning BDM and distribution team.

Mr Longden and Mr Evans are due to join Zurich on 1 October, 2016, the date currently being targeted to finalise the Macquarie Life acquisition (subject to regulatory and court approvals).
Tim Bailey, CEO, Zurich Life & Investments emphasised the significance of the appointments in relation to the Macquarie Life acquisition.

“We’re delighted that Daniel and Dave will be joining Zurich. Both are respected and well-known leaders in our industry, and bring complementary skills and knowledge across strategy, propositions, business development and service. Importantly, they also bring with them the philosophy and approach that has underpinned the success of the Macquarie Life business, and made it such an attractive acquisition for us.

“Combining Macquarie Life with Zurich’s existing operations is a fantastic opportunity that will shape our business into a leading market competitor. Daniel and Dave’s talent will both balance and bolster the capacity already within Zurich, and ensure that we maintain and enhance the level of service we offer to our combined group of customers and advisers.”

Mr Longden has 20 years’ financial services experience. He held senior roles at Asteron including Chief Actuary ANZ, as well as CFO for Australia, joining Macquarie Life in 2008 where he has played a key role in driving the success of the business. He currently holds the title of Head of Commercial Management, managing Macquarie Life’s product and actuarial teams, and is a member of the Macquarie Life board.
Mr Evans, similarly, brings lengthy experience in the life insurance industry, including at Macquarie. He joined Macquarie in 2010 and has held roles including National Sales Manager, Retail Risk, Macquarie Life, and most recently, as the Queensland State Manager, Wealth Management, covering both Wrap and Risk. Prior to joining Macquarie, Dave held senior business development roles at both TAL and MLC.

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