Willis Towers Watson has appointed a new head of financial solutions for Australia and New Zealand to lead the expansion of the segment across the region.
Lee Garvey has taken the role, returning to the company after leaving in 2012. His last position saw him lead the lenders solutions group Asia business at Marsh.
He will oversee the development of all products including credit and non-payment insurance, political risk insurance, commercial surety, terrorism and political violence and lenders insurance advisory within the financial solutions global line of business in the Australian and Kiwi markets.
Mr Garvey will report to Fabien Conderanne, regional head of financial solutions, Asia Pacific, corporate risk and broking in Willis Towers Watson (WTW).
Mr Conderanne commented WTW sees opportunities for the financial solutions products in Australia and New Zealand for banks and corporates, particularly with credit and political risk insurance.
“Lee brings an invaluable experience having worked in the market for many years with large financial institutions and corporates,” he said.
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
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