NEWS May 10, 2021

PPS Mutual enhances team with new Victoria Business Development Manager

Sydney, 10 May 2021

Mutual life insurance company PPS Mutual today announces the appointment of Rory-John Jacobs to the role of Senior Business Development Manager in Victoria.

The role reports directly to Shadia Kouzma, State Manager for Victoria and Tasmania.

The role will commence effective immediately and Mr Jacobs will be responsible for the management of key financial adviser relationships within the region.

Ms Kouzma said: Mr Jacobs’ experience in developing and maintaining strong relationships with financial advisers and key stakeholders in the Australian financial services industry will provide much value for PPS Mutual.

“We are confident that Rory-John’s expertise aligns with PPS Mutual’s unique proposition that focuses on creating security and peace of mind for Members in both their working life and retirement.”

“His appointment is a strong addition to an already high-performing team,” Ms Kouzma said.

Mr Jacobs joins PPS Mutual with over 10 years’ experience in financial services, 9 of which were spent at AIA Australian in various client development roles. In addition Mr Jacobs holds a bachelor’s degrees in commerce from the University of Western Cape, South Africa, and a Diploma of Financial Services from the Investment Banking Institute.

Mr Jacobs says he is looking forward to working with the PPS Mutual team to continue its growth trajectory in the Australian life insurance market.

“It’s impressive to see how PPS Mutual’s sustainable business model provides exceptional benefits to eligible professionals. The principles of mutuality and exclusivity act to protect the long-term best interests of insured Members. I am excited to present these unique benefits to my network of advisers.”

PPS Mutual is supported by PPS South Africa, the largest multi-disciplinary group of professionals in the world and the largest mutual company in South Africa. PPS Mutual is based on the proven PPS business model that has been hugely successful in South Africa since the 1940s – sharing over $2.5 billion in profits with Members over the last 10 years.

PPS Mutual is owned by its Australian professional members who will share in the profits of the insurance that they buy.


About PPS Mutual
PPS Mutual is the only Life Insurance provider in Australia who currently offer life insurance products with a profit share and who distribute the profit to its Members. Its life risk insurance products are designed specifically to meet the protection needs of its professionals Members (doctors, lawyers, accountants etc.) and are only offered through IFAs. The business is run by Michael Pillemer and is based on the 80-year-old South African mutual, called PPS. As a mutual, PPS Mutual Members share in the ownership of the company and the profits of the insurance that they buy.