Ian Carson and Karen Payne have been appointed to the Australian Reinsurance Pool Corporation (ARPC) – a government scheme providing terrorism insurance coverage for commercial property, high value residential property from 1st July, and associated business interruption.
Carson will take up a role as part-time Chair for a three-year period from 1 July 2017 til the 30th of June 2020, and Payne has been appointed as part-time member for three years starting 5th October 2017.
Carson is currently a Partner and the Chairman of PPB Advisory – a professional advisory firm of which he is also a founding partner.
He also holds a position as a fellow of the Australian Institute of Company Directors and is a registered liquidator.
Payne serves part-time as Chief Executive Officer and member of the Board of Taxation, and previously worked as a Partner at Minter Ellison focusing on international and corporate taxes.
The scheme was first set up in 2001 to protect Australia’s economy from the ensuing global withdrawal of terrorism insurance for commercial property after the terrorist attacks in the U.S.
