BEc (Hons) PhD (Econ), ANZIIF Fellow, CIP, GAICD
Chief Executive Officer
Dr Wallace was appointed as CEO of ARPC from 9 December 2013.
He has vast experience in the insurance sector in general insurance, health insurance and reinsurance, and has worked extensively in all operational insurance areas including underwriting and claims management roles within insurers, and as a consultant.
Dr Wallace has held senior roles with GIO General Insurance, EY, and HCF (the Hospitals Contribution Fund of Australia) and is presently a non-executive director at MIPS Insurance Pty Ltd, a medical indemnity insurer.
He has a doctorate in economics specialising in insurance pricing and insurance strategy.
BBus (Management and Information Technology)
Chief Operating Officer
Ms Flanagan brings to ARPC more than 20′ years experience in insurance coupled with extensive experience in information technology and developing and implementing corporate strategy, business plans and projects.
She is responsible for strategy and planning, ensuring best practice governance and compliance, and developing claims systems and services. Ms Flanagan also leads the communications and information technology teams.
Prior to joining ARPC, Ms Flanagan was Head of Strategy and Proposition Development within the Specialty and Corporate Solutions global business at QBE.
BE, AMP (Wharton), ANZIIF Fellow, CIP, MIE (Aust)
Chief Underwriting Officer
Mr Pennell is responsible for liaising with over 200 insurers, negotiating the scheme’s $3 billion retrocession program and developing innovative loss estimation models. He has written extensively on reinsurance and management.
An alumni of The Wharton School of Business, Mr Pennell also holds a degree in Civil Engineering and is a Fellow or the Australian and New Zealand Institute of Insurance and Finance.
In 2017, he was awarded the Public Service Medal as part of the Australia Day Honours List, announced by the Governor-General of Australia.
B.Ec, MBA (Exec), CA, ANZIIF (Fellow), CIP, GAICD
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.
He is responsible for finance, insurance audit, and human resources, as well as enterprise risk and crisis response.
His primary role is to ensure ARPC complies with all accounting and reporting requirements of government, while maintaining the assets of the corporation.
Mr Park holds a B.Ec from Macquarie University, and an MBA from AGSM at the University of NSW.