Underwriting Agencies Council Chairman Lyndon Turner will not stand for re-election at the group’s December AGM after being a board member since 2011.

Mr Turner, chairman since 2015, says it is the right time to step back and let others play a greater role in leading the organisation.

“From the UAC perspective we are in a good position and such good people put their hand up for an opportunity that it is time to allow them to be involved,” he told insuranceNEWS.com.au.

Mr Turner is MD and CEO of NM Insurance, which is expanding in Australia and New Zealand. The company has more than 70 staff.

“I will still be involved with UAC, just not officially or in an executive position,” he said.