Latest QBE Headlines

All the headlines from our QBE Topic Page, ordered by recency.

Volante Launches Nordic-Focused MGA, Bridge Underwriting, Led by QBE’s Lindberg

Feb 2 2018 // Volante Global Ltd., a new multi-class and multi-territory international managing general agent (MGA) platform, has announced the launch of Bridge Underwriting AB, a Stockholm-based specialist underwriting MGA.Bridge...

QBE Expects US$1.2B Loss in 2017 from ‘Unprecedented’ Natural Catastrophes

Jan 24 2018 // QBE announced to the market this week that it expects a US$1.2 billion after-tax loss in 2017 on “unprecedented” natural catastrophe claims.“This has been a challenging year for QBE, reflecting an...

Edison Motor Launches on Volante’s New UK-Based MGA Platform

Jan 19 2018 // Volante Global Ltd., a new multi-class and multi-territory international managing general agent (MGA) platform, has announced the launch of Edison Motor and the appointment of Steven Dickie and Doug Ockwell as joint...

QBE North America Appoints Franzetti as Chief Operating Officer

Jan 8 2018 // QBE North America has named Daniel Franzetti as chief operating officer.Franzetti continues his role as chief claims officer for QBE North America. He will add to these claims responsibilities by overseeing all North...

QBE Insurance Settles Shareholder Class Action in Australia for US$103.2M

Dec 29 2017 // QBE Insurance Group Ltd. has agreed to pay A$132.5 million (US$103.2 million) to settle a shareholder class action in Australia.The class action was commenced by Money Max Interest Pty Ltd on Sept. 9, 2015 in the Federal...

Arrowhead Expands Its New Small Business Underwriting Staff

Dec 14 2017 // San Diego, CA, December 14, 2017 – Arrowhead General Insurance Agency, Inc. (Arrowhead) has announced the addition of Alan Nelson as West region leader of Arrowhead Core Commercial. Al comes to Arrowhead with over 30...

Artificial Intelligence Startup Cytora Raises $5.9M from QBE, Starr, Other Investors

Dec 6 2017 // Artificial intelligence startup Cytora has raised $5.9 million in new financing from investors including divisions of QBE’s venture capital arm and Starr Cos.QBE Ventures, Starr Global Holding, Cambridge Innovation...

Pen Underwriting Builds on QBE Partnership with Irish P/C Capacity Deal

Nov 20 2017 // Pen Underwriting has extended its strategic relationship with QBE into the Republic of Ireland, with a new property & casualty capacity partnership in the highly specialist area of hazardous goods & environmental...

QBE North America Forms Alliance with MGA Professional Risk Facilities

Nov 1 2017 // QBE North America, an operating division of QBE Insurance Group Ltd., announced a strategic program underwriting alliance with managing general agent Professional Risk Facilities (PRF), designed to offer coverage for...

QBE North America Hires Keeping as NYC-Based Eastern Regional Executive

Oct 31 2017 // QBE North America, an operating division of QBE Group, has hired Matt Keeping as a regional executive in the Eastern region.In this role, Keeping will lead QBE’s go-to-market activities as an integrated specialist...

QBE Invests in, Links With, Machine Learning InsurTech Startup RiskGenius

Oct 31 2017 // QBE has signed a multi-year commercial use agreement with RiskGenius, a machine learning company that helps carriers, brokers and regulators analyze policy and endorsement language and aid in product development. The deal...

QBE Group CEO Neal to Exit; Regan to Succeed Him in January

Sep 13 2017 // QBE Insurance Group today announced that John Neal, Group chief executive officer, will be stepping down after five years in the role. The board of directors has appointed Patrick Regan, chief executive officer Australian...

QBE H1 Profits Rise 73% on Australia/N. Zealand Rate Hikes, N. America Growth

Aug 21 2017 // QBE reported a healthy profit hike during first half of 2017, despite heightened claims activity in its Emerging Markets’ division, which reported a combined ratio of 110.8 percent. This poor performance has led to...

QBE Appoints Chubb’s Kurinsky as Malaysia CEO

Aug 11 2017 // QBE has appointed Chris Kurinsky as chief executive officer, QBE Insurance (Malaysia) Berhad.In this role, Kurinsky will be responsible for QBE’s business across Malaysia. He will continue to drive the profitable...

Alternative to Insurtech or Legacy Tech for Small Commercial: Introducing QBE, Arrowhead Partnership

Aug 10 2017 // When it was announced in June that San Diego, Calif.-based Arrowhead General Insurance Agency Inc. was selected as the program administrator for QBE North America‘s small commercial insurance portfolio, it...

QBE Chile Completes Management Buyout; Rebrands as ‘Unnio’

Jun 30 2017 // QBE Chile Seguros Generales S.A. has completed a management buyout by purchasing the company in May 2017 from QBE Latin America Insurance Holdings.Financial details of the transaction were not disclosed. Following the...

QBE Warns Emerging Markets’ Division Hit by Higher Claims

Jun 21 2017 // Sydney-based QBE announced that its Emerging Markets’ division has experienced “significantly higher than expected claims activity during the first five months of the year.”As a result, this division is...

QBE, Arrowhead Partner on Small Commercial Insurance Program

Jun 8 2017 // Arrowhead General Insurance Agency has been selected as the program administrator for QBE North America’s small commercial insurance portfolio, consisting of property and casualty business accounts under $100,000 in...

QBE Taps Commonwealth Bank of Australia’s Ford as Group CFO

May 26 2017 // QBE Insurance Group Ltd. has appointed Michael Ford as group chief financial officer.Ford is currently the deputy CFO for the Commonwealth Bank of Australia (CBA). He joined the bank in 2005 and held a number of senior...

People – West

May 15 2017 // Burns & Wilcox Brokerage named Susanne M. Waite vice president and senior broker in its San Francisco, Calif., office.Waite has more than 30 years of experience in insurance, with 14 years in wholesale. Waite...