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Leadership

Dr Christopher Wallace

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

Chief Executive

Chris is an insurance executive with experience in general insurance, workers compensation, health insurance and reinsurance. He has worked extensively in insurance underwriting and claims management roles within insurers and as a consultant to the insurance industry.

Chris is also a non-executive director of MIPS Insurance Pty Ltd, a medical indemnity insurer. Through his role with ARPC, Chris is also a member of the OECD High Level Advisory Board for the Financial Management of Large Scale Catastrophe Risks. Previous professional management roles include being General manager Workers Compensation at GIO, Executive Director at Ernst & Young and General Manager Benefits Management at HCF. 

Chris has a doctorate in economics, specialising in general insurance pricing and general insurance strategy. He is a fellow of the Australian And New Zealand Institute of Insurance and Finance, a Certified Insurance Professional, and a Graduate of the Australian Institute of Company Directors. 

Michaela Flanagan

B.Bus ANZIIF (Snr Assoc) CIP, DipFS, AMP (Melbourne Business School)

Chief Operating Officer

Michaela commenced with ARPC in December 2016. She brings deep experience in insurance coupled with extensive experience in developing and implementing corporate strategy, business plans and projects. 

Michaela has over 20 years’ experience in the general insurance sector spanning underwriting (workers compensation, liability, property and packages), information technology, strategy and operations. Her role immediately prior to joining ARPC was Head of Strategy and Customer Proposition, Corporate and Specialty, for QBE.

Michaela is responsible for the development and ongoing communication and management of ARPC’s strategy along with the executive oversight of the technology, communications, governance and compliance and claims functions. 

Michaela holds a Bachelor of Business degree majoring in management and information technology from the University of Technology, Sydney and has completed an Advanced Management Program via the University of Melbourne, Melbourne Business School. 

Michael Pennell PSM

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

Chief Underwriting Officer

Michael has almost 30 years industry experience, having held reinsurance management roles with Swiss Re and General Re prior to his role at ARPC. He started his early career as a civil engineer.

Michael assists insurers and brokers to understand the Scheme and is responsible for negotiating and implementing ARPC’s annual retrocession program.  Michael also leads various projects that enable ARPC to develop and enhance its loss estimation modelling capabilities.

Michael is the Chair of the Reinsurance Faculty Advisory Board of the Australian and New Zealand Institute of Insurance and Finance and teaches reinsurance at the Institute’s annual Reinsurance Study Course Seminar. 

Michael holds a Bachelor of engineering from the University of Technology, Sydney, has completed the Advanced Management Program at the University of Pennsylvania (Wharton School), and is a Fellow and Certified Insurance Professional with ANZIIF. 

Michael was awarded the Public Service Medal as part of the Australia Day 2017 Honours List for outstanding public service in the development of the terrorism insurance scheme. 

John Park

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

Chief Financial Officer

John is a Chartered Accountant and has more than 20 years’ experience as a finance executive in the insurance and reinsurance industry. John joined ARPC in June 2016. John’s career includes previous roles as Finance Manager for Gen Re, Financial Controller for HCF, CFO for MGIC, and Financial Controller for Munich Re Australia’s direct insurance business. 

John oversees the finance, investments, enterprise risk and crisis response, insurance audit and human resources teams. 

John holds a Bachelor of Economics from Macquarie University and an Executive MBA from AGSM at the University of New South Wales. He is also a Chartered Accountant, a Fellow and Certified Insurance Professional and ANZIIF and a Graduate of the Australian Institute of Company Directors.