He joins Lockton after a 15-year stint at Zurich Insurance, where he held various underwriting, portfolio management and executive leadership roles across the UK and Australia.
He brings more than 18 years of experience in the life insurance sector spanning risk management, actuarial science, financial risk and capital management.
Grid constraints, curtailment and congestion were cited as a growing operational concern by 85% of respondents, 23 percentage points ahead of any other risk.
The insurer said any settlement would not be expected to have a material impact on its financial position or FY2027 results, based on anticipated recoveries.
The Singapore-based post goes to a graduate programme hire who has served as the insurer's multinational trade credit lead for EMEA and the UK since 2022.
