Benjamin Bessell - Insurance Australia Acting Chief Executive - Commercial Insurance

IAUGF Stock  USD 4.12  0.00  0.00%   

Executive

Mr. Benjamin Bessell is an Executive General Manager Business Distribution of the Company. He was previously acting CEO Commercial Insurance. Ben was appointed Chief Commercial Officer for IAGs Commercial Insurance business in August 2014 with responsibility for the financial performance of the division along with customer and partner strategy. Prior to this role he was General Manager of Broker Agency, General Manager of Workers Compensation and General Manager of CGU Claims in the commercial business. Ben has more than 20 years experience working in the insurance sector and has lived and worked across many locations. He joined IAG in Tasmania in 1993. He is a member of ANZIIF and an alumnus of the London Business School. since 2017.
Tenure 7 years
Phone61 2 9292 9222
Webhttps://www.iag.com.au

Insurance Australia Management Efficiency

The company has return on total asset (ROA) of 0.0118 % which means that it generated a profit of $0.0118 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.065 %, meaning that it generated $0.065 on every $100 dollars invested by stockholders. Insurance Australia's management efficiency ratios could be used to measure how well Insurance Australia manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 2.02 B in total debt with debt to equity ratio (D/E) of 0.4, which is about average as compared to similar companies. Insurance Australia has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Insurance Australia until it has trouble settling it off, either with new capital or with free cash flow. So, Insurance Australia's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Insurance Australia sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Insurance to invest in growth at high rates of return. When we think about Insurance Australia's use of debt, we should always consider it together with cash and equity.

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Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. Insurance Australia Group Limited was founded in 1920 and is based in Sydney, Australia. Insurance Australia operates under InsuranceProperty Casualty classification in the United States and is traded on OTC Exchange. Insurance Australia Group [IAUGF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

Insurance Australia Leadership Team

Elected by the shareholders, the Insurance Australia's board of directors comprises two types of representatives: Insurance Australia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Insurance. The board's role is to monitor Insurance Australia's management team and ensure that shareholders' interests are well served. Insurance Australia's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Insurance Australia's outside directors are responsible for providing unbiased perspectives on the board's policies.
Simon Phibbs, Senior Manager - Investor Relations
Claire Rawlins, Group Executive - Digital & Technology
Mark Milliner, COO
David Watts, Chief Risk Officer
Benjamin Bessell, Acting Chief Executive - Commercial Insurance
BCom BCom, CEO MD
Jonathan Nicholson, Independent Non-Executive Director
Andy Cornish, CEO - Australia Direct
Christine BA, Performance People
Peter Harmer, CEO, Managing Director and Executive Director
Craig Olsen, Chief Executive, New Zealand
Julie Batch, Chief Customer Officer
Sheila McGregor, Non-Executive Independent Director
Christopher Bertuch, Group General Counsel & Company Secretary
Neil BSc, Chief Officer
Alison Deans, Non-Executive Director
Raymond Lim, Independent Non-Executive Director
Brian Schwartz, Independent Non-Executive Chairman of the Board
Elizabeth Bryan, Non-Executive Independent Director
Jarrod Hill, Group Australia
Rebecca Farrell, Additional Company Secretary
Tim Clark, Chief Risk Officer
Jacki Johnson, CEO - New Zealand
Thomas Pockett, Non-Executive Director
Helen Nugent, Independent Non-Executive Director
George Savvides, Independent Non-Executive Director
Duncan Brain, CEO - Asia
Sejil MistryMoodley, Company Secretary
Clayton Whipp, Chief Risk Officer
Peter BCom, Group Officer
Hugh Fletcher, Independent Non-Executive Director
Chris Bertuch, Company Secretary
BBUS CA, Group Officer
Duncan Boyle, Independent Non-Executive Director
David Harrington, Group Executive Office
BAgr AMP, Chief Officer
Alex Harrison, Chief Executive - Enterprise Operations
Anthony Justice, Chief Executive - Australian Consumer Division
Amanda Whiting, Chief Zealand
Philip Twyman, Independent Non-Executive Director
Peter Horton, Group Sec
Michelle Tredenick, Non-Executive Independent Director
Nicholas Hawkins, CFO

Insurance Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Insurance Australia a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Insurance Australia Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Insurance Australia information on this page should be used as a complementary analysis to other Insurance Australia's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Insurance Australia's price analysis, check to measure Insurance Australia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Insurance Australia is operating at the current time. Most of Insurance Australia's value examination focuses on studying past and present price action to predict the probability of Insurance Australia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Insurance Australia's price. Additionally, you may evaluate how the addition of Insurance Australia to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Insurance Australia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Insurance Australia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Insurance Australia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.