Greensill appoints Lorna Croft as the new Head of Insurance
By Megha Bhattacharya
Working capital finance provider Greensill has appointed Lorna Croft as the new Head of Insurance. The new Head of Insurance will be responsible for strengthening the company’s insurance relationships and scale the business’s origination of supply chain finance assets globally. Croft’s global experience is expected to enhance Greensill’s ability to service its clients in 175 countries and meet the growing demand for its services across Latin America, the Middle East and Asia in addition to its original core markets of Europe, North America and Australia.
Lex Greensill, Founder and CEO said, “We’re incredibly pleased to welcome Lorna to Greensill, at a very exciting time for the company. Lorna brings with her a wealth of valuable experience developing innovative insurance solutions for clients and building relationships with insurers and brokers across international markets. She will form an integral part of our team as we accelerate our growth trajectory and continue on our mission to accelerate the movement of capital into the real economy, where it’s needed most.”
Croft joins Greensill from the Commonwealth Bank of Australia where she held numerous positions including most recently Head of International Insurance. She has extensive experience in the insurance sector, previously working at major financial institutions including Barclays, Lloyds Banking Group and the Bank of Scotland across loan markets, client coverage and debt structuring.
Lorna Croft said, “Greensill’s fintech driven approach as it strives to make financing fairer is hugely exciting. There is an abundance of innovation across all the business units, which makes for a fascinating work environment with the ability to deliver some unique solutions to our customers and investors. Insurance is integral to the Greensill business and we have great relationships with some of the best international insurers in the market. I am looking forward to working with our many insurers in a number of different ways to meet our growing global business requirements whilst being able to offer an emerging asset class that leverages state of the art AI to provide unprecedented insights into investible credit risk.”
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