T. Rowe Price appoints Ben Riley as head of insurance

Written by Adam Cadle

16/10/2024

T. Rowe Price has appointed Ben Riley to the newly created role of head of insurance, effective 1 January 2025.

Riley will oversee a team responsible for insurance clients in North America, while also coordinating T. Rowe Price’s global insurance efforts.

Riley has been with T. Rowe Price since 2001 and joined the Americas Institutional Client Service team in 2007. In 2017, he moved into his current role as the firm's first senior relationship manager dedicated to the sales and service of insurance general account mandates.

He has also served as relationship manager for retirement plan services and has worked in the firm's fixed income and multi-asset divisions.

"Many of our insurance clients are looking for a partner with scale who has the ability to provide customised fixed income solutions," Riley said.

"We've been doing this successfully for several years. T. Rowe Price's focus on fundamental, proprietary credit research, coupled with our extensive equity research platform, provides a holistic view of the credits in which we invest. This is critically important for insurance mandates, which tend to be lower in turnover and sensitive to impairments. When you combine the resources of T. Rowe Price with our service-oriented culture, and the quality of our credit research platform, it makes us an ideal partner for insurance clients."

Related Articles