PPS Mutual bolsters team with new WA & SA State Manager and Senior Underwriter

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Specialist insurance company PPS Mutual has announced two new senior appointments, of Steve Salter to the position of State Manager of Western Australia & South Australia and David Lowe as Senior Underwriter.

Mr Salter will report directly to PPS Mutual Director of Distribution Brian Pillemer and will be responsible for the management of key financial adviser relationships and support of the PPS Mutual proposition within the regions. 

Mr Salter joins PPS Mutual after nine years in a business development role at Asteron Life, where he was responsible for achieving premium growth targets for Life Risk across a panel of financial advisers in Western Australia. 

“Steve is a valuable addition to the PPS Mutual team who brings extensive knowledge within the life insurance industry. This will be of great benefit in continuing to strengthen our partnerships with selected financial advisers in the region,” Mr Pillemer said.

With more than 25 years of experience in financial services, Mr Salter has a proven track record of consistently exceeding sales and growth targets in a business development role.

“I am excited to be a part of the PPS Mutual team – founded on principles of mutuality and exclusivity. PPS Mutual brings a unique offering to professionals in the Australian market and I look forward to explaining the benefits to advisers,” Mr Salter said. 

Mr Lowe, will report to Underwriting Manager, Gabi Varnier and joins PPS Mutual after five years as a senior underwriter at ANZ Wealth. David previously spent five years as a Private Wealth Protection Adviser and he will utilise this insight into adviser requirements by delivering bespoke underwriting support to PPS Mutual’s adviser partners.

“I look forward to welcoming David onto the team and expanding our reach. David’s extensive background as a senior underwriter is a testament to his strong capability of fostering both adviser and reinsurer relationships which will be pivotal to his role at PPS Mutual,” the Head of Claims and Underwriting, Marcello Bertasso said.

Earlier this year, PPS Mutual announced the launch of the PPS Mutual Super Fund, which allows the company to offer a complete life insurance solution for eligible professionals through a PPS Mutual accredited adviser.   

PPS Mutual is supported by PPS South Africa, the largest multi-disciplinary group of professionals in the world and the largest mutual company in South Africa.  PPS Mutual is based on the proven PPS business model that has been hugely successful in South Africa since the 1940s – sharing over $2.5 billion in profits with Members in the last 10 years.   

PPS Mutual is owned by its Australian professional members who will share in the profits of the products that they buy.  

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