MLC Life Insurance has announced it has cemented its focus on the group insurance market by appointing an experienced industry veteran to lead its new business team.
The insurer says that Peter Smith joins MLC Life as Head of Business Development “…bringing extensive experience in leadership and business development, having previously worked in leadership roles with companies such as Resolution Life, Munich Re, Lockton and MetLife.”
It says that in previous roles, Smith has played a senior leadership role in delivering insurance solutions for funds like Hostplus, Cbus, Rest and First Super “…with a strong focus on partner delivery and the total member experience.”
MLC Life says he will be “…instrumental in growing the business’s group insurance distribution and executing a new business development strategy focused on the integration of a new group insurance digital capability to help super funds transform the insurance journey for their members.”
Kent Griffin, MLC Life Insurance Chief Executive Officer, says that following a period of stabilisation “…we’re excited to return to focus on sustainably managing risk and growth across the business, particularly in the group insurance space.
He says Smith is a key appointment to the team “…and shows how focused we are on demonstrating how our total customer experience benefits both trustees and superannuation fund members.”
Mark Puli, MLC Life Insurance Chief Group Officer says the company has gone through a period of transformation and that Smith’s significant experience and commercial mindset will position the company well as it continues to build a skilled team and offer a competitive advantage to its partners and their members.
