QBE North America has announced the appointment of Charles Cygal as Head of Surety, effective immediately.
Cygal brings 20 years’ experience to the role and joins from Ironshore Insurance Services where for almost a decade he served as the Vice President of Surety, Political Risk and Trade Credit.
Before that, he held management roles at AIG Surety and began his insurance career at Chubb Surety.
Cygal’s new role will see him oversee the growth of QBE NA’s Surety business while driving profitability and expertise.
“Emerging risks and evolving markets are causing more middle market companies to seek risk management solutions through both contract and commercial surety bonds,” said Brett Halsey, Senior Vice President, Head of Credit & Surety.
“As an integrated specialist insurer with a long history of delivering surety solutions, we are dedicated to continually strengthening our capabilities to meet the evolving needs of customers and Charles’ experience and strong relationships made him the ideal candidate to lead this business.”