Rusby departs for new endeavours

IAG acting CEO thanks her for 'immense contribution'. Misses irony completely...

CIO Catherine Rusby appears to have been a victim of the failed Endeavour project at IAG.

She leaves the position on February 4, returning to Sydney to work in the personal insurance business at IAG Australia. In an email to IAG NZ staff, acting CEO Karl Armstrong said Rusby was taking leave in the United States. He thanked Rusby for her "immense contribution" to the business and said a search for her replacement would begin in late January.

Rusby joined IAG’s executive team in New Zealand in May 2001.

The Endeavour insurance system, which was to have handled the needs of customers of both the State Insurance and NZI brands, was abandoned in November. The project had been repeatedly delayed and by the company’s own admission overran budgets, but had previously won several reprieves.

IAG Australia’s Huon Bonus system is now seen as the more effective course for the State side of the business, while NZI customers will continue for now on the company’s existing pre-merger IT system, Polisy, with a few enhancements in functionality promised.

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