Profile
“Westfield Specialty and I have been trying to make sure we are opportunistic in the marketplace and that has allowed us to grow profitably and create a broader and more diversified portfolio”
Jack Kuhn
Westfield Specialty
With a decade of extensive experience in the banking and finance sector, Terry Wong has established a distinguished career marked by a trajectory of growth and achievement. Commencing in 2010 as a banking consultant at ANZ, Wong rapidly ascended through various critical roles, including assistant branch manager, home and investment lending manager (commercial) and small business specialist. Each position afforded him the opportunity to deepen his expertise, particularly in commercial lending and business banking management.
In 2021, Wong’s career took a significant leap forward as he was promoted to the role of business banking manager at ANZ, further honing his skills in financial strategy and client relationship management, managing a portfolio of over 100 clients. The culmination of these experiences led to the establishment of Fundex Capital in 2022, where, as founder and director, Wong has been instrumental in offering innovative financial solutions to a diverse clientele.
Wong’s exceptional contributions to the industry have not gone unnoticed. In 2023, he was honoured as an awardee for the Australian Mortgage Awards’ Young Gun of the Year, followed by MPA’s Rising Star accolade this year. These awards underscore his commitment to excellence and innovation in the financial services sector, making him a highly regarded and experienced broker in the industry.
Wong is dedicated to growing Fundex Capital and guiding more clients towards their financial aspirations and success.
Ryde
0413 342 989
terry@fundexcapital.com.au
linkedin.com/in/terry-wong920320
fundexcapital.com.au
Terry Wong
Director and Principal Broker
Fundex Capital
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“The biggest challenge is getting everyone comfortable with the pace that I’m looking for to drive our buildout and growth. How I deal with it is by being open and transparent, and responsive to questions or concerns”
Jack Kuhn
Westfield Specialty
2010–2019
2019–2021
2021–2022
2023
Present
2010–2015: Banking Consultant at ANZ
2015–2019: Assistant Branch Manager and Home and Investment Lending Manager (Commercial) at ANZ
2010–
2019
Small Business Specialist at ANZ
2019–
2021
2012–2022: Business Banking Manager at ANZ
2022: Founded Fundex Capital
2021–
2022
Australian Mortgage Awards – Young Gun of the Year awardee
2023
Founder and Director of Fundex Capital since 2022
Recognised as one of MPA’s Rising Stars
Present
Assistant Vice President and Senior Broker at MJ Hall & Company since 2018
Present
Milestones
Aug 2022
Milestones
Sept 2021
Feb 2022
Apr 2022
Jul 2022
Aug
2022
Suncorp Bank introduces Solar Home Bonus offer for customers who are choosing renewable energy for their homes
Sept 2021
Month-on-month market share growth commences
Feb 2022
Suncorp Bank wins the Canstar award for most outstanding value in investment loans
Apr 2022
Suncorp Bank wins Money Magazine’s Bank of the Year and Business Bank of the Year awards for the fifth year in a row
Jul 2022
Suncorp Bank’s turnaround times are the lowest they have ever been. The lender becomes Australia’s first certified carbon neutral bank for both its operation and transaction services
Aug 2022
Milestones
Kuhn says, “I would say my career has been one of more of chance and opportunities than a set plan. And it’s interesting how one decision has a ripple effect on putting you on a different path than maybe where you thought you would be.”
He highlights his spell at Endurance as his biggest professional achievement to date.
“It took some time, but we took them from really being viewed as a reinsurance company to being viewed as a global insurance company.”
It’s this type of innovative attitude that is powering Westfield Specialty forward so successfully.
Kuhn explains, “Westfield Specialty and I have been trying to make sure we are opportunistic in the marketplace and that has allowed us to grow profitably and create a broader and more diversified portfolio.”
Part of this has seen the firm acquire the existing Lloyd’s of London Syndicate 1200 in February 2023. It is also Kuhn’s ingenuity that has allowed Westfield Specialty to outperform expectations in challenging market conditions.
“I would say it’s been the understanding that there is a limited window of time. We're in this unique market, we need to be fast and decisive to take advantage of market opportunities before the market begins to move away,” he comments. “Additionally, I'd like to say we move with a lot of speed, but we do it in a thoughtful and methodical approach, not just to be the first.”
However, it has been an intricate process to ensure his team are onboard with his vision. Kuhn places importance of explaining his targets and the blueprint to achieve them.
He adds, “The biggest challenge is getting everyone comfortable with the pace that I’m looking for to drive our buildout and growth. How I deal with it is by being open and transparent, and responsive to questions or concerns. This way, everything gets thoroughly discussed and resolved.”
With almost four decades in the industry, Kuhn has developed methods that have consistently delivered. It is why he has been tasked with so many leadership roles and he intends to maintain his focus on creating more success at Westfield Specialty.
“I think I am and have always tried to be methodical. I look at the big picture yet stay focused on executing the different opportunities or plans that I have in front of me. I don’t get emotional or make emotional decisions.”
Chief underwriting officer of executive risk at Chubb
President of financial insurance solutions at Kemper
Chief underwriting officer at Axis Capital
CEO of global Insurance at Endurance
CEO of global Insurance at Sompo International
Kuhn joined Westfield Specialty in the firm’s first year (2021) and has established the company’s presence in the specialty market. By the end of 2023, the firm is expected to surpass $1.3 billion in GWP after writing $300 million in 2021.
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