HSBC Life UK has appointed Richard Waters as head of protection distribution.
Waters was previously the national account manager for protection distribution at HSBC Life UK and has over 30 years of experience. He previously worked as a general insurance broker and, more recently, as a senior executive in HSBC’s mortgage intermediary and group insurance operations.
He will be in charge of the protection intermediary distribution team, which includes key distribution relationships and a team of experienced business development specialists from around the UK. According to the firm, Waters’ main objective is to strengthen existing and new strategic connections by providing quality training and education to advisers, allowing them to give superior protection solutions to their consumers.
HSBC Life chief distribution officer Mitchell Barker says: “Richard has already played a major role in broadening HSBC Life (UK’s) distribution footprint and his experience and expertise will be vitally important as we continue to expand our reach across the UK protection market.”
Waters says: “I am deeply committed to building upon the progress HSBC Life (UK) has already achieved. My goal is to provide our partners with an effective range of protection options, enabling them to meet their customers’ needs and ensuring positive outcomes.”