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Phillip Pettersen
Non-Executive Director at Telesure Investment Holdings,Non-Executive Director at Africa Reinsurance Corporation of SA (ARCSA), Executive Consultant NMG Risk managers (Pty) Ltd & firstEquity Risk Management Services (Pty) Ltd
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Show profile Hide profileI am a South African born insurance and risk management professional who has been in the profession for 40 years. During this period, the incumbent has held many senior positions within the industry, both locally and abroad.
My work experience encompasses both the underwriting and broking disciplines from an Insurance and Reinsurance perspective.
In 2008 I was invited to join Flagstone Re SA board and shortly thereafter the Telesure Investments Holding Board. (TIH)These were my first Non-Executive Director (NED) appointments and the start of a new career as a professional NED and Consultant.
Flagstone Group in Bermuda decided to exit from SA early in 2012.The incumbent was instrumental in selling the portfolio to RMB in July2013 and was thereafter de-registered and shut down. At the time of the sale my position was Chairman of the board.
Africa Reinsurance Corporation SA (ARCSA) on hearing that Flagstone Re was closing down invited the incumbent to join the board in July 2012.
Currently the writer is a NED on 6 Insurance licensed entities as well on TIH Board. (Total Gross Premium Income R7Billion).
My TIH portfolio consist of Chairing the Audit Committee, and being a member of the Risk Committee for TIH Ltd, Auto &General, Budget Insurance, First for Women Insurance, Dial Direct Insurance and One life Insurance.
My ARCSA portfolio includes Chairing the Risk & Underwriting Committee, Chairing Social & Ethics Committee and serving on the Audit Committee.
In addition to my NED commitments, NMG Benefits (an International Employee benefits organization) retained me in 2010 as an Executive Consultant to advise them on the restructuring of their short term broking operation and Africa Health & Accident Insurance initiatives. This is an ongoing appointment on a retainer basis.
During 2011 the incumbent was appointed by the Lockton Group local representative firstEquity Risk Management Services (Pty) Ltd as specialist Executive New Business consultant advising them on the technically structuring of large / global Corporate Clients. This is also an ongoing assignment.
I am a South African born insurance and risk management professional who has been in the profession for 40 years. During this period, the incumbent has held many senior positions within the industry, both locally and abroad.
My work experience encompasses both the underwriting and broking disciplines from an Insurance and Reinsurance perspective.
In 2008 I was invited to join Flagstone Re SA board and shortly thereafter the Telesure Investments Holding Board. (TIH)These were my first Non-Executive Director (NED) appointments and the start of a new career as a professional NED and Consultant.
Flagstone Group in Bermuda decided to exit from SA early in 2012.The incumbent was instrumental in selling the portfolio to RMB in July2013 and was thereafter de-registered and shut down. At the time of the sale my position was Chairman of the board.
Africa Reinsurance Corporation SA (ARCSA) on hearing that Flagstone Re was closing down invited the incumbent to join the board in July 2012.
Currently the writer is a NED on 6 Insurance licensed entities as well on TIH Board. (Total Gross Premium Income R7Billion).
My TIH portfolio consist of Chairing the Audit Committee, and being a member of the Risk Committee for TIH Ltd, Auto &General, Budget Insurance, First for Women Insurance, Dial Direct Insurance and One life Insurance.
My ARCSA portfolio includes Chairing the Risk & Underwriting Committee, Chairing Social & Ethics Committee and serving on the Audit Committee.
In addition to my NED commitments, NMG Benefits (an International Employee benefits organization) retained me in 2010 as an Executive Consultant to advise them on the restructuring of their short term broking operation and Africa Health & Accident Insurance initiatives. This is an ongoing appointment on a retainer basis.
During 2011 the incumbent was appointed by the Lockton Group local representative firstEquity Risk Management Services (Pty) Ltd as specialist Executive New Business consultant advising them on the technically structuring of large / global Corporate Clients. This is also an ongoing assignment.
