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CommInsure hires head of annuities

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CommInsure has poached BT's former acting head of general insurance to head up its annuities business.

George Lytas has been appointed to the new position of head of annuities for CommInsure’s superannuation and investments business.

CommInsure general manager of superannuation and investments Greg Ballard said, “George brings a wealth of knowledge in the development of retirement income solutions for the Australian market.

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“[Mr Lytas] joins our business at a pivotal time in the industry where there is increasing demand for guaranteed retirement income products, such as annuities, which can help provide adequate savings in retirement,” he added.

 

CommInsure hires head of annuities
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