Sovereign Assurance is a New Zealand financial services company and the country’s largest life insurer with 29 per cent market share of in-force premiums.

“Sovereign Assurance is leading change and innovation in the New Zealand insurance industry by growing the market, making a more meaningful difference to the lives of customers and achieving greater impact in the community,” Mr Klipin said. “It’s a fantastic opportunity to be part of their leadership team, driving transformation and growth within the New Zealand financial services market.”

Mr Klipin has over 20 years experience in financial services and recently departed Millennium 3 Financial Services (Millennium 3), where he served as CEO for three years, following a restructure of the business.

“I had the privilege of leading Millennium 3 on a journey of transformation and leadership succession,” he said. “I’m proud of the progress we made as we transformed the business, culture and community of Millennium 3 and set up a platform for growth in a challenging environment. Millennium 3 is a fantastic business with some of the best advisers and most evolved business models in the country. It was a pleasure to work closely with so many of them and I wish them and the business well in their future endeavours.”

Mr Klipin said he is looking forward to starting the next chapter of his career across the Tasman. “I welcome the challenges and adventures that await as I relocate with my family to New Zealand in the coming months,” he said.

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