CALI appoints Paul Reid to Life Code Committee
Reid will be replacing Brad Clarke.
The Council of Australian Life Insurers (CALI) has named Paul Reid as the new Industry Representative of the Life Code Compliance Committee (LCCC).
Reid brings nearly 50 years of experience, having spent almost four decades at KPMG, including 25 years as a partner, and served as a non-executive Director at TAL Life Limited until June 2023.
CALI assumed governance of the Life Insurance Code of Practice last year, enforcing stringent penalties for conduct breaches and ensuring high standards beyond legal requirements.
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The LCCC Industry Representative plays a crucial role in maintaining these standards.
In addition to his professional work, Reid has dedicated time to pro bono efforts with organisations supporting young Australians, such as the Chain Reaction Foundation, and assisting those with disabilities through Assistance Dogs Australia and St Lucy’s School.
He replaces Brad Clarke, who returns to consulting after two years in the role.