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QBE expands marine offer in Europe seizing growth opportunity
13th November 2023
Australian insurer QBE has expanded its marine offer in Europe, with products now available in Germany as well as France and the Nordics. While growth in the marine insurance market in Asia appears to be slowing, it has seen a strong performance in Europe, according to the latest statistics from the ... Read the full article
QBE Canada selects Novidea’s insurance platform to drive growth
25th October 2023
QBE Canada has selected Novidea’s born-in-the-cloud insurance management platform to expand and grow its business across multiple product lines. QBE Canada, part of the QBE Group is based in Toronto and Vancouver. Canada is a significantly important market for growth for QBE. By adapting the Novidea platform, this will enable the company to scale ... Read the full article
Businesses access to cyber insurance impacted by employee mistakes and poor security: QBE
20th October 2023
Employee mistakes and poor security are leaving businesses open to cyber-attacks; addressing these issues will allow companies to access full levels of cyber insurance, according to a recent QBE report. QBE’s survey revealed that almost a third of employees (31%) have made mistakes that could impact the cyber security of their ... Read the full article
Erik Keller appointed Head of Liability at QBE Europe
12th October 2023
QBE Europe has announced the appointment of Erik Keller as Head of Liability, effective 1 January 2024. Keller brings to his new role three decades of experience in commercial insurance, having spent most of his career in multinational business. His most recent, and current, role is as Regional Underwriting Manager for ... Read the full article
QBE appoints new Independent Non-Exec Director
6th October 2023
Global insurer QBE Insurance Group Limited has appointed Steve Ferguson as an Independent Non-Executive Director to the QBE Group Board. Ferguson’s appointment will be effective from 1 November 2023, subject to satisfactory completion of relevant regulatory approvals. Mike Wilkins, Chairman of the QBE Group Board, commented, “It is my pleasure to welcome ... Read the full article
QBE North America appoints Ryan Powers as SVP & Head of Construction
3rd October 2023
QBE North America, part of the global insurer, has announced the appointment of Ryan Powers as Senior Vice President (SVP) and Head of Construction, reporting to Mike Foley, President of Commercial Insurance. In the newly created role, Powers takes on responsible for planning, directing, and executing the vision for casualty lines ... Read the full article
Cyber attacks & financial risks named as biggest worry for mid-sized companies: QBE
21st September 2023
Cyber attacks and financial risks have been ranked as the biggest worries for mid-sized businesses, according to QBE North America. In their 2023 Mid-Sized Company Risk Report, QBE NA sheds light on the dynamic landscape of mid-sized businesses across the United States. The report, presents an in depth analysis of 12 macro ... Read the full article
QBE names Julie Wood as CEO of North America unit
21st September 2023
Global insurer QBE Insurance Group has confirmed the appointment of Julie Wood as Chief Executive Officer (CEO) of the company's North American division, a role she has held on an interim basis since August. Wood joined QBE Insurance in January of this year as Group Head of Distribution. She takes over ... Read the full article
QBE names Agarwal as Director of Underwriting & Portfolio Management for Europe
20th September 2023
Primary insurer QBE has announced that it has appointed Naintara Agarwal as the Director of Underwriting and Portfolio Management for Europe. Based in London, Agarwal brings a vast degree of industry knowledge and experience to the role, spanning more than 15 years. Her experience across the industry includes leadership roles in developing ... Read the full article
QBE launches cyber offering in Middle East, hires Marsh’s Sarah Hamlat to lead
18th September 2023
Primary insurer QBE has announced that it has launched a cyber offering in the Middle East as part of its global cyber growth strategy. According to the firm, the new offering forms part of QBE’s International Markets portfolio. At the same time, QBE has appointed Sarah Hamlat as Senior Cyber Underwriter to ... Read the full article
QBE Re appoints Mark Jackaman as General Manager, London
12th September 2023
QBE Re, the reinsurance subsidiary of the QBE Insurance Group, has announced the appointment of Mark Jackaman as General Manager, London. Jackaman brings over 25 years of experience to the role, with the last 11 of his career being with QBE Re. Most recently, he served as the Head of Casualty, London. ... Read the full article
QBE North America launches medical stop loss group captive program Agora
23rd August 2023
QBE North America has launched Agora, a group captive program with a focus on medical stop loss insurance targeting organisations with at least 50 employees that are focused on transparency and control of rising healthcare costs. Compared to other group captive programs in the marketplace, the “unique” structure of Agora provides ... Read the full article
Catherine Thomas joins QBE’s Equator Re and Blue Ocean Re
21st August 2023
Catherine Thomas has become the new Managing Director for QBE Blue Ocean Re & Equator Re and International Treasurer. Equator Re is QBE’s Bermuda domiciled captive reinsurer, and Blue Ocean Re is the captive reinsurer for its North American operations. Thomas joins QBE from AM Best, a credit rating agency, where she ... Read the full article
QBE’s H1’23 net profit soars to $400m on huge investment income
10th August 2023
QBE announced net profit after tax of $400 million for the first half of 2023, compared with $48 million in the same six-month period last year. The rise mainly owed to an H1 investment income of $662 million, versus a loss of $20 million last year, reflecting the significant increase in ... Read the full article
QBE North America and MGA Converge launch cyber insurance program
28th July 2023
QBE North America has announced the launch of a new cyber insurance program with Converge, a new managing general agent (MGA) that will act as program administrator. The program will be broken down into two separate distribution structures, ConvergeElements and ConvergeConnect. Each structure will have a distinct revenue focus and cyber ... Read the full article