Vero New Zealand CEO Gary Dransfield is the new Insurance Council of New Zealand President, replacing IAG’s Jacki Johnson. The appointment is effective from April 1.

Ms Johnson has completed her three-year term, but will remain a board member. FMG CEO Chris Black was re-elected VP.

The board has welcomed two new members: Co-op Insurance NZ CEO Henry Lynch and the CEO of medical insurer MAS, Martin Stokes.