Benjamin Lee
Benjamin 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, Benjamin 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. Benjamin 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. Benjamin 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. · Latham & Watkins
About
Benjamin 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.