Reinsurance News

Postlewhite to stand down as QBE Re Managing Director

16th June 2022 - Author: Matt Sheehan

QBE has announced that Steve Postlewhite, Managing Director of QBE Re, has decided to leave the business following a four-year tenure.

qbe-re-logoPeter Wilkins is to assume the role of interim Managing Director and will oversee QBE Re’s new global alignment strategy and development plans, which were disclosed back in May.

The company says that a search is now underway to appoint a new Managing Director for QBE Re.

“We remain focused and committed to bringing to fruition our ambitious plans for the business,” said Jason Harris, CEO of QBE International.

“Our well received plans will enable us to deliver our strategic ambitions for sustainable growth and ensure we create a more consistent experience globally for our customers,” Harris added. “On a personal note, I would like to thank Steve for his contribution to QBE during his time with us.”

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In May 2022, Peter Wilkins was appointed to the newly created role of Chief Underwriting Officer, QBE Re taking ownership of underwriting performance, strategy, and planning.

As part of the new structure, Global Product Leaders were appointed for each of QBE Re’s lines of business, reporting to Peter Wilkins. These remain Paul Horgan as Head of Property, Tim Barber as Head of Casualty, Simon Parkinson as Head of Accident & Health, Shane Lawlor as Head of Specialty, and Bruno Guelle as Head of Life.

The Global Product Leaders are responsible for providing underwriting expertise, governance, and oversight for each product globally, while ocal offices in Bermuda, Dubai, Europe (Brussels & Dublin), London and New York will continue to be led by a general manager who is responsible for strategic development, growth initiatives and delivery of the P&L in each location, working closely with the CUO and Global Product Leaders.

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