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Resolution Life Australasia names new CEO

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Resolution Life Australasia says Tim Tez will join the business as CEO this February, taking over from Megan Beer.

Mr Tez is currently CEO Medical Indemnity for Avant Mutual and was previously at AIA. He has more than 20 years’ experience in the life and health insurance industry across distribution, mergers and acquisitions, strategy, reinsurance, product, pricing, marketing, and government relations.

Ms Beer will relocate to London next year to become COO of parent company Resolution Life Group as part of the planned succession for the retirement of John Hele, who will continue to serve as President and COO until next July.

As Group COO, Ms Beer will oversee the development of the global operations, including plans for the transformation of its acquired businesses.

She will serve also as a board member of the group’s key subsidiaries, including continued service on the Resolution Life Australasia boards.

“We are pleased with the development of the Australasian business and are certain that with [Mr Tez’s] expertise, experience, and leadership, Resolution Life will continue to grow as the leading in-force specialist life insurer in Australasia,” Resolution Life Group Founder and Executive Chairman Clive Cowdery said.

He thanked Ms Beer for the “outstanding job” she has done in successfully overseeing the business transition after Resolution Life acquired AMP’s life business in 2020.

“We appreciate her willingness to take on greater responsibilities in our global organisation and look forward to her move to the new role.”