Changes to Non-Executive Directors

QBE Insurance Group Limited (QBE) today announced the appointment of Neil Maidment (pictured) as a Non-Executive Director effective 21 February 2025, and the retirement of Non-Executive Director Rolf Tolle effective 9 May 2025 at the conclusion of the Company’s Annual General Meeting.

QBE’s Chairman, Mr Mike Wilkins said the retirement and new appointment were part of the ongoing Board succession process.

Neil Maidment

Mr Maidment brings deep expertise in insurance from both executive and company director roles. He held various executive roles at Beazley for almost 30 years, including Chief Underwriting Officer and Head of Reinsurance.

More recently, he was a Non-Executive Director of Lloyd's of London where he chaired the Risk Committee and Capacity Transfer Panel. He was also a Non-Executive Director of Ecclesiastical Insurance Office and Benefact Group.

Mr Wilkins said, “Neil has extensive experience across the global insurance and reinsurance industry. We’re delighted that Neil will be joining the QBE Board bringing his insights into risk management, strategic leadership and market innovation.”

Rolf Tolle

Mr Wilkins extended his thanks for Mr Tolle’s considerable contribution and commitment during his time on the QBE Board.

Mr Tolle joined the Board in 2016 and during his tenure he served as Chair of the Risk & Capital Committee and as a member of the Audit, People & Remuneration and Governance & Nomination Committees.

His extensive experience in specialist insurance and reinsurance businesses has significantly contributed to strengthening the company.

Mr Wilkins said, “I thank Rolf for his 9 years of service and commitment to QBE. Throughout his tenure, Rolf’s extensive experience in specialist insurance and reinsurance businesses has made a significant contribution to strengthening the company and enhancing its strategic direction. The Board thanks Rolf for his valuable contribution and we wish him every success in the future.”