QBE announces appointment of Group Chief Executive Officer

QBE Insurance Group Limited is pleased to announce the appointment of Andrew Horton as Group Chief Executive Officer, replacing Interim Group Chief Executive Officer, Richard Pryce. Andrew will commence with QBE on 1 September 2021 and be based in Sydney.

QBE Chairman, Mike Wilkins said QBE was delighted to attract such a high calibre global financial services executive with over 30 years’ experience across insurance and banking and extensive experience across international markets.

Andrew is currently the Chief Executive Officer of Beazley plc, a UK-listed specialist insurer with operations across Europe, the US, Canada, Latin America and Asia, a role he has held since 2008. Prior to that, Andrew was the Chief Financial Officer of Beazley plc.

“Andrew is an inclusive and collaborative executive, who places a strong focus on risk, culture and relationships. He is known for driving positive change and high performance and has built a well-respected business over a number of years,” said Mike Wilkins.

“His deep understanding of the insurance landscape and the opportunities and challenges across each of our markets, see him well placed to build QBE for the future,” he said.
Commenting on his appointment, Andrew said: “I am honoured to be appointed to lead QBE, a strong international insurer with an impressive global footprint and talented people.

I look forward to joining the team and continuing to support QBE’s customers, people, shareholders and broader communities.”

Upon Andrew’s commencement, Interim Group Chief Executive Officer, Richard Pryce will move to an advisory capacity, providing a three-month leadership transition before retiring from QBE in December 2021.

Read the full ASX Announcement here.