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Dr Chris Wallace

BEc (Hons) PhD (Econ), ANZIIF Fellow, CIP, GAICD

Chief Executive Officer

Dr Wallace has over 30 years experience in general insurance, workers compensation, and health insurance. Dr Wallace has worked extensively in insurance underwriting and claims management roles within insurers, and as a consultant. He has a doctorate in economics specialising in insurance pricing and insurance strategy.

Michaela Flanagan

BBus (Management and Information Technology)

General Manager, Business Performance and Strategy

Ms Flanagan brings to ARPC deep experience in insurance coupled with extensive experience in developing and implementing corporate strategy, business plans and projects.

She joined ARPC from QBE where she was Head of Strategy and Proposition Development within the Specialty and Corporate Solutions global business. In that role, Ms Flanagan was responsible for developing strategy and business plans, project business cases, communication strategies to support strategic plans and industry research.

Ms Flanagan has 20 years’ experience in the general insurance sector. She commenced her career with Zurich as an insurance underwriter, including property and liability underwriting. She then moved into the information technology area. She joined QBE in 2004 in IT, but worked from 2007 onwards in strategy roles including Manager, Strategy and Planning and Head of Strategy.

Joshua Everson

MAppFin, B.Ec (Hons) AICD Affiliate

General Manager, Governance, Risk & Compliance

Mr Everson’s career has spanned diverse roles within the Australian Public Service and financial institutions.

As ARPC’s Board Secretary, he provides support to the Board and to the Audit and Compliance Committee, while also being the key touch point for liaison with the Treasury, the Minister’s office and other government stakeholders. Mr Everson designs and maintains high quality processes for all corporate governance practices such as strategic planning, risk management, assurance monitoring and, policy and legislative compliance.

He is responsible for business continuity planning including ARPC’s response to any potential declared terrorist incident. Mr Everson is also responsible for Annual Report and Corporate Plan production and publication.

Michael Pennell PSM

BE, AMP (Wharton), ANZIIF Fellow, CIP, MIE (Aust)

Chief Underwriting Officer

Mr Pennell is responsible for arranging reinsurance contracts with insurers who issue eligible insurance contracts. He assists insurers and brokers in understanding the scheme and is responsible for implementing ARPC’s retrocession program. He also leads various projects that enable ARPC to develop and enhance its loss estimation capabilities.

John Park

B.Ec, MBA (Exec), CA, ANZIIF (Fellow), CIP

Chief Financial Officer

Mr Park is a Chartered Accountant and has more than 20 years’ experience as a finance executive in the insurance and reinsurance industry. Mr Park is responsible for the finance, investments, human resources and technology teams. His primary role is to ensure ARPC complies with all accounting and reporting requirements of government, while maintaining the assets of the corporation. He holds a B.Ec from Macquarie University, and an MBA from AGSM at the University of NSW.

Michael Stallworthy


General Manager, Insurance Audit & Claims

Mr Stallworthy is responsible for establishing and managing the claims processes and procedures. He is also responsible for managing the cedant review program. This involves visiting mainly Australian and Singapore cedants, over a rolling two year period, to conduct an audit on cedant compliance with the terms of the reinsurance agreement.