AA Insurance is pleased to announce the appointment of Mark Ryland as an Independent Director of the Board, effective immediately.
Mark is an experienced financial services executive with a proven track record in strategic leadership, risk management, and operational excellence in the wealth management sector.
A UK-qualified accountant, he has a broad financial and commercial acumen and is experienced at enhancing business performance and change management.
Currently, Mark serves as the Chief Executive Officer and Director of Milford Asset Management, a position he has held for the past six years, contributing over ten years in total to the company. He will be stepping down in May 2025.
AA Insurance Chair, Alison Barrass, said, “AA Insurance is very fortunate to welcome Mark onto the Board at what is a very exciting and transformative time for the business. Mark’s outstanding set of skills and experience will be invaluable as we continue to execute our strategy and pursue our ambition to create more great experiences for our customers now and into the future.”
Prior to Milford, Mark was the Managing Director at Brook Asset Management and the Chief Operating Officer at Macquarie Private Wealth.
He also worked at ASB Group Investments, where he held roles including Acting Head of Wealth, Head of Aegis, and General Manager of Finance and Risk Strategy.
Before moving to New Zealand in 2002, Mark served as the Assistant Director of Operations at Threadneedle Asset Management in the UK.
About AA Insurance
AA Insurance is a New Zealand-based joint venture between Vero Insurance New Zealand Limited and the New Zealand Automobile Association Limited ('NZAA'). Vero is owned by Suncorp Group Limited, a listed Australian company. NZAA is an incorporated society that is governed by a National Council and Board. Since 1994 we have provided home, contents and car insurance in New Zealand and in 2018 we introduced small business insurance.
We underwrite our own policies and sell direct to New Zealanders. Our New Zealand-based teams looks after 560,000+ customers with more than 1,100,000 policies. Standard and Poor's (Australia) Pty Ltd has given us an Insurer Financial Strength Rating of AA- (Very Strong).
We are consistently recognised in industry awards and honours. This includes being voted the Reader's Digest Most Trusted General Insurer for 14 years running, named Canstar's 2023-2024 Outstanding Value Award winner for Home and Contents insurance and ranked 6th among 50 of New Zealand's top consumer-facing corporates in the Kantar Corporate Reputation Index in 2024.
Find out more at www.aainsurance.co.nz
For more information please contact:
AA Insurance Media Team
mediacontact@aainsurance.co.nz