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QBE's Fagen heads insurance industry body

AAP logoAAP 24/11/2016

QBE chief operations officer Colin Fagen has been appointed president of Australia's insurance industry body.

Mr Fagen will step up from his current role as deputy president of the Insurance Council of Australia to replace IAG chief operation officer Mark Milliner, who has been interim president since Andy Cornish retired in July.

"The expectations from various stakeholders including government, regulators and consumer representative groups of the financial services sector has rarely been higher. Issues including climate change, affordability, disclosure and mental health remain high on the public agenda," Mr Fagen said in a statement.

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