Reinsurance News

QBE announces Hobson as Head of Surety, UK

8th July 2022 - Author: Daniel Jackson

Insurer QBE has announced the appointment of Leroy Hobson as its new Head of Surety, UK.

QBELeroy has over 25 years experience in the surety market, having held Head of Surety roles at Zurich, Chubb and Aon.

In his new role he will be responsible for driving profitable growth of the existing surety portfolio and examining new opportunities for QBE.

He reports to Trevor Williams, Head of Credit & Surety Europe, and will be based in London. Williams, Head of Credit & Surety Europe for QBE, said: “The UK surety market is facing a challenging time in which it is increasingly volatile. However, the demand for the product remains high in the sector and QBE continues to look at new opportunities in a broadening appetite.

“We are pleased to have someone of Leroy’s calibre on board as we look to grow the portfolio through diversification of industry mix and bond type.”

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This week the company also appointed Salvatore Sama head of US financial and professional lines and casualty treaty. He joined QBE Re in April 2021 as senior vice president and head of US financial and professional lines from Swiss Re.

Jane Farren has been promoted to the role of vice president, US financial and professional lines. And Tim Barber has been appointed as general manager for North America.

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