PCRIC Elects Board Chair

The Pacific Catastrophe Risk Insurance Company (PCRIC) Board of Directors has recently elected Ms. Sarah-Jane Wild as the Chair.

In the past year, Ms. Wild has been serving as the interim Board Chair, and since assuming the role, she has actively contributed to the company’s progressive navigation.

Key highlights of her efforts include shaping PCRIC’s inaugural Strategic Plan and leading the transition of its legal structure into a segregated portfolio entity, allowing for the offering of various insurance and risk financing instruments that are currently unavailable in the Pacific region. She also spearheaded PCRIC’s focus on improved communications and visibility in the region, culminating in the launch of PCRIC’s website to enhance knowledge in disaster risk financing and insurance.

PCRIC’s CEO, Mr. Aholotu Palu, welcomed the Board’s decision, stating, “Sarah-Jane’s excellent leadership has been a tremendous asset, especially during this COVID-19 era. It has certainly been challenging to raise PCRIC’s profile since travel has been restricted, but her vision has been the driving force in elevating PCRIC’s goal of building country resilience through a robust and regional company.”

“On behalf of the PCRIC team, we look forward to her continued guidance in chairing the Board, which is composed of insurance and development expertise and is well-positioned to enhance PCRIC’s efforts in serving our Blue Pacific region,” he added.

Ms. Wild is a high-profile leader in the region with over 25 years of experience in the insurance industry and currently serves as the Head of Partnerships at Tower Insurance NZ. Previously, she was the GM of Tower’s Fiji operation and played a pivotal role in establishing their Suva-based Pacific Operations hub. Additionally, she has held leadership positions such as Chair of the Insurance Council, Vice Chair of Women in Business, and Vice Chair of the Accident Compensation Commission of Fiji.

Ms. Wild has been elected to serve as Board Chair for the duration of her term as Director until September 2023.

PCRIC is owned for the benefit of the island nations of the Pacific and is a specialist provider of disaster risk finance services and solutions to the region.

PCRIC delivers a program of support built on leading-edge technical assistance, targeted collaborations, and innovative product options. Its mission is to help nations better prepare, structure, and manage finances to foster disaster resilience and ensure rapid access to funds when they are needed most.

For more information, please contact:
ceo@pcric.org or aholotupalu@yahoo.co.uk