Reinsurance News

QBE to drive EU expansion with branch in the Netherlands

10th June 2022 - Author: Jack Willard

Australian insurer and reinsurer, QBE Insurance Group Limited has announced plans to set up a branch in the Netherlands.

QBEThe planned branch will play a major role in the company’s European expansion plans.

QBE has noted that recruitment is underway to fill a number of different key roles for the Netherlands branch, across claims, underwriting, operations and finance, with a view to be writing business incepting from January 2023, subject to regulatory approval however, in the meantime.

Moreover, QBE also stated that the Netherlands branch will have a multi-national offering which provides flexible and compliant cover for more than 180 countries.

Sebastiaan Lambalk, Strategy Executive for QBE Europe will be leading the establishment of the Netherlands branch and overseeing the creation of the local team.

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Currently, QBE is recruiting to fill the following roles: Underwriting Manager, Operations Manager, Head of roles for Property/Liability/Financial Lines/Construction and various Underwriting roles, Claims Manager, Market Manager.

Cécile Fresneau, Managing Director, Insurance at QBE commented: “We have been steadily building our offering in Continental Europe, providing a credible alternative to established markets.

“We have the financial backing of a global enterprise but retain the agility of a smaller operation. This enables us to offer a flexible approach and new solutions to the market and has underpinned our success so far in Europe. We see great potential in the Dutch insurance market and are excited to get started.”

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