Global insurer QBE has appointed Reuben Lee as the Transactional Liability (TLI) Lead for Asia, marking a significant step in the company’s expansion within the region. Lee, a specialist in mergers and acquisitions (M&A) and transactional risk insurance, will be based in QBE’s Singapore office, reporting to Arati Varma, Head of Financial Lines and Liability for QBE in Asia.
Lee brings a wealth of experience from his previous role as Broking Director at Willis Towers Watson, where he led M&A risk advisory mandates across Singapore, Hong Kong, and Southeast Asia. His career also includes a tenure as Senior Underwriter at Ryan Transactional Risk and a pivotal role in establishing the Singapore office for Transact Risk Partners.
In his new position, Lee will provide strategic direction for underwriting the TLI portfolio in Asia, focusing on growth and risk management in the M&A insurance space. This appointment is part of QBE’s broader strategy to expand its TLI market presence, with Asia playing a crucial role.
Toria Lessman, Global Head of Transactional Liability at QBE, expressed confidence in Lee’s expertise, stating, “We’re pleased to welcome Reuben and we’re confident his legal expertise and senior underwriting experience will make him an asset to QBE.”
QBE’s TLI practice, initially launched in London in 2023, has seen successful expansion into Europe, covering countries such as Italy, Germany, and France. The move into Asia underscores the region’s growing importance in QBE’s global strategy, as highlighted by Arati Varma, who noted the potential to support the fast-evolving M&A landscape across Asia.
