NEW YORK, April 29, 2022 /PRNewswire/ — QBE North America today appear the barrage of a Specialty Casualty business as allotment of its action to advance in areas area the insurer can action audible advantages to business customers.
“With QBE Specialty Casualty, we see a bright befalling to body a abiding authorization that is ashore in able underwriting with a data-driven access to accommodated the different needs of customers,” said Tom Fitzgerald, President of Specialty & Commercial allowance at QBE North America. “It will acquiesce us to deepen our relationships with our bound and adopted arrangement of brokers while we added advance the antithesis and synergies in our adapted business portfolio.”
QBE Specialty Casualty’s alms will accommodate accepted and non-admitted primary, advance awning and balance accountability products, targeting a advanced ambit of business segments beyond a assorted set of industries.
To barrage the new business unit, QBE has assassin a aggregation led by four chief admiral with accurate clue annal of architecture market-leading capabilities in Specialty Casualty while breeding abiding and acceptable achievement over time.
Taking anew created posts to advance the business are: Karen London, President, Specialty Casualty; Mike Foley, Chief Underwriting Officer, Specialty Casualty; Morgan Wichmann, Head of Casualty non-Construction; and Craig Freid, Head of Casualty Construction. All four accept decades of acquaintance in the Specialty Casualty bazaar with a abundant focus on circuitous and hard-to-place risks. Prior to abutting QBE, they captivated administration positions at Berkshire Hathaway.
“Our aggregation has an incomparable reputation, and we are assured they will body the industry’s arch Specialty Casualty business,” said Fitzgerald. “We’re aflame to accept them on lath and attending advanced to their contributions to QBE North America.”
Karen London added, “QBE has advanced systems and accoutrement to abutment the Specialty Casualty articles and services. We are captivated to accompany our ability to QBE leveraging capabilities, architecture a aggregation and belvedere from the arena up to bear customized accident solutions for customers.”
QBE North America is a all-around allowance baton focused on allowance barter break different risks, so they can focus on what affairs most. Allotment of QBE Allowance Group Limited, QBE North America appear Gross Written Premiums in 2021 of $6.29 billion. Admonition on QBE Allowance Group’s after-effects can be begin at qbe.com. Headquartered in Sydney, Australia, QBE operates out of 27 countries about the globe, with a attendance in every key allowance market. The North America division, headquartered in New York, conducts business primarily through its allowance aggregation subsidiaries. The absolute agreement and altitude of any allowance advantage are accountable to the accent of the behavior as issued. QBE allowance companies are rated “A” (Excellent) by A.M. Best and “A ” by Standard & Poor’s. Additional admonition can be begin at qbe.com/us.
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SOURCE QBE North America
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