Daniel Waller’s appointment comes as former head of distribution, Brian Pillemer, is set to retire.
PPS stated Waller played “a significant role in establishing and growing PPS Mutual in Australia”.
In his new role, Waller will lead PPS Mutual’s distribution strategy, “strengthening adviser relationships” and expanding the reach of its professional insurance offering. According to PPS, he will play a “central role” in driving growth “through collaboration, engagement, and service excellence across the adviser network”.
“Mr Waller brings more than 30 years of financial services experience, with deep expertise in distribution leadership, adviser engagement, and strategic business development,” PPS stated.
He has held senior roles at leading financial institutions including Resolution Life, Asteron Life, OnePath, and ING, where, according to PPS, “he led initiatives that strengthened partnerships and supported advisers in delivering exceptional client outcomes”.
“After taking the past three years to focus on my young family, I’m really looking forward to returning to the industry with PPS Mutual,” Waller said.
“I’ve always admired how it operates as a true mutual, where Members share directly in the success of the business. Joining at a time of record membership and Profit-Share Pool is a great opportunity to strengthen adviser partnerships and help deliver even more value to members.”
Chief executive Michael Pillemer said the appointment marks an important next step in the firm’s growth: “Daniel’s depth of experience across distribution, partnerships, and business integration makes him an outstanding addition to our leadership team.
“As PPS Mutual continues to expand its national presence and deepen adviser engagement, Daniel’s strategic insight and leadership will be instrumental in shaping our next phase of growth.
“He brings a strong understanding of what drives success in this industry: trust, collaboration, and long-term value for members.”
Waller joins PPS Mutual amid a period of sustained growth. The business has now surpassed 15,000 members, reached $106 million in total in-force premiums, and achieved a $15 million Profit-Share Pool milestone for FY2024–25.
“For the third consecutive year, PPS Mutual was recognised as Australia’s highest-rated insurer in the Adviser Ratings Australian Financial Advice Landscape 2025 report, achieving a Net Promoter Score of 54.8 – nearly six times higher than the average of 9.5 among insurers in the report,” PPS highlighted.
