MLC Life Insurance expands focus on insurance in super

MLC Life Insurance has hired Peter Smith as head of business development. 

Smith brought extensive experience in the insurance market to MLC, having previously worked at Resolution Life, Munich Re and MetLife. 

At MLC, he would 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. 

This was intended to help superannuation funds transform the insurance journey for their members, and MLC noted Smith had previously played a senior role in delivering insurance solutions for funds such as Hostplus, Cbus and Rest. 
 
Kent Griffin, MLC Life Insurance chief executive, said: “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.

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“Peter is a key appointment to our team and shows how focused we are on demonstrating how our total customer experience benefits both trustees and superannuation fund members.”
 
“MLC Life has gone through a period of massive transformation,” Mark Puli, MLC Life Insurance chief group officer, said, “and Peter’s significant experience and outstanding commercial mindset will position us well as we continue to build a highly skilled team and offer a competitive advantage to our partners and their members.”
 
Earlier this month, the firm hired Rob Dassie as head of distribution for the southern region and Jarrad Wilson as head of distribution for the northern region. This was Dassie's second stint at the firm, having spent 14 years at MLC Wealth, including six years as head of distribution, before departing in December 2021.