Leadership Change at Ivory

Ivory Insurance Pty Ltd (Ivory) makes the following leadership announcement today.

Michael Tuffy, Acting CEO, has tendered his resignation. “After three years with Ivory, being instrumental in getting the licence, and running the business during its first year, I have decided to retire from my executive career to pursue additional board roles.”

Effective 2 December 2024, David Hosking will join Ivory as CEO. David has 30 years experience in General Insurance across a range of disciplines including CFO of Allianz Australia, Chief General Manager of the Broker and Agency Division of Allianz Australia and, most recently, leading PSC Insurance Brokers businesses across Australia, New Zealand and Asia.

“David brings excellent leadership, communication, strategic planning skills and commercial acumen to the role”, says Gregor Pfitzer, Chair of Ivory. “We are delighted that David joins in these exciting and formative years of the company.”

“I’m very excited to join Ivory. As a newly licensed General Insurer, Ivory’s unique vision to deliver affordable and stable insurance capacity for underwriting agencies, using an award winning claims model really resonates. I look forward to working with the Board and the Team at Ivory in helping our Agency Partners grow their businesses” says David.

Michael Tuffy will ensure a smooth transition and stay involved in an advisory capacity in the immediate term. “I am grateful for the opportunity that was given to me over the last three years. I have thoroughly enjoyed working with the Ivory Board and building the Ivory team.  A warm welcome to David as the incoming CEO, he has the perfect skills set and experience to take Ivory to the next stage of growth and achieve the success it richly deserves.”