Reinsurance News

QBE North America promotes Foley to President of Commercial Insurance

15th March 2023 - Author: Matt Sheehan

The North American division of global insurer QBE has announced that Michael Foley has been promoted to the position of President for its Commercial Insurance division.

Foley most recently served as the Chief Underwriting Officer for QBE’s Commercial Casualty business.

In his new role, Foley will join QBE North America’s Executive Management Board and report to Todd Jones, QBE North America Chief Executive Officer.

He will be responsible for planning and directing lines of business including Middle Market, Commercial Casualty, Workers’ Comp Programs and Commercial Property Programs.

“We’re excited to have Mike step up to this new role,” said Jones. “With decades of experience in the commercial insurance market, he has proven his ability as a leader in building high performance teams, delivering solutions for customers, and generating a top-quality book of business.”

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“The Commercial business is critical to our success, and we have no doubt Mike will help take it to the next level as we help our customers build a more resilient future.”

Before joining QBE in April 2022, Foley most recently served as the Global Chief Underwriting Officer for Casualty and Healthcare at Berkshire Hathaway Specialty Insurance (BHSI).

Before BHSI, he served in a variety of leadership roles at AIG, including Chief Operating Officer for the Programs Division of Lexington Insurance, and started his insurance career in the middle market business at The Hartford.

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