Ben Lee advises insurers, financial institutions, and insuretech start-ups on sophisticated insurance regulatory issues, particularly relating to credit insurance policies used by banks for capital risk-weighted substitution.
A former Army officer, Mr. Lee delivers straight-forward solutions to clients’ complex, cross-border insurance matters relating to:
- Risk-weighted asset (RWA) substitution under the applicable Basel Accord rules
- Trade credit insurance
- Financial guaranty insurance law issues
- Regulatory compliance analysis communication with regulators
- General insurance regulatory matters, including licensing matters, formation of insurance producers, regulatory filings, risk-based capital analysis, and insurance transactional matters
- Insurer investments
He strategically advises clients on developing their insurance-related businesses and coordinates seamlessly across the firm’s global network to execute on those plans. Mr. Lee has negotiated hundreds of credit insurance policies on clients’ behalf.
A recognized thought leader in the credit insurance market, he co-authored a standardized industry template for trade credit transactions published by the International Trading & Forfaiting Association (ITFA) and speaks regularly at industry conferences, such as for the International Association of Credit Portfolio Managers.
Mr. Lee maintains an active pro bono practice, including leading a 50-state survey for Start Small Think Big on benefits and resources available to veteran-owned businesses.