- QBE has appointed Reuben Lee as its first Asia-based TLI underwriter
- This comes as part of a wider TLI expansion for the insurer
Global insurer QBE has named Reuben Lee as Transactional Liability (TLI) Underwriter for Asia.
Reuben is an M&A and transactional risk insurance specialist with a legal background. He joins from Willis Towers Watson (WTW), where he served as Broking Director leading M&A risk advisory mandates across Singapore, Hong Kong and Southeast Asia.
Prior to WTW, Reuben was a Senior Underwriter at Ryan Transactional Risk. He was also responsible for setting up the Singapore office and leading the Asia offering for Transact Risk Partners (trading name for Castel Underwriting Agencies Limited) prior to the acquisition of Castel by Ryan Transactional Risk.
In this newly created role, Reuben will provide strategic direction for underwriting the portfolio in Asia, focusing on growth and risk management in the M&A insurance space.
He will be based from QBE’s Singapore office and report to Arati Varma, Head of Financial Lines & Liability for QBE in Asia. His hire forms part of a wider expansion for QBE in the transactional liability market, with Asia an integral part.
Toria Lessman, Global Head of Transactional Liability, QBE said: "We're pleased to welcome Reuben and we're confident his legal expertise and senior underwriting experience will make him an asset to QBE. TLI continues to be an area of expansion for us and we're excited to bring the next phase of this growth to Asia."
Arati Varma, Head of Financial Lines & Liability, QBE Asia added: "Rebuen's appointment underscores the growth importance of Asia in QBE's global transactional liability strategy. His regional expertise and strong underwriting foundation will help us deepen our presence and better support the fast-evolving M&A landscape across Asia."
QBE’s TLI practice was introduced to London at the beginning of 2023 in response to the growing demand and proven success in other regions. Since then, the practice has expanded to cover Europe including Italy, Germany, France, the Nordics, and Spain.