QBE launches new purpose, vision and strategic priorities

QBE has launched a new vision, purpose and set of strategic priorities. The new purpose is centred around enabling a more resilient future, while the vision is to be the most consistent and innovative risk partner.

To achieve the purpose and vision, QBE has laid out six strategic priorities providing enterprise-wide clarity around some key areas of focus; portfolio optimisation, sustainable growth, bringing the enterprise together, modernising the business, people and culture. More detail is provided in QBE’s 2021 Annual Report and FY21 investor presentation.

QBE Group CEO, Andrew Horton, added: “Upon joining QBE five months ago, I immediately recognised that I had joined an organisation with great potential. My overarching ambition is to establish QBE as a consistently high-performing enterprise that is both culturally and operationally united, with a clear strategic direction.

“Our new purpose, vision and strategic priorities will guide our strategic plan, building on the momentum evident in our FY21 financial result as we seek to further strengthen and grow our business for the future. In doing so, we will drive greater consistency and collaboration, support the integration of sustainability across all facets of our business and continually evolve the experience we provide our people, customers and partners.

 “I look forward to working with the Group Executive Committee and our enterprise leadership network on embedding our strategic priorities and sustainability framework into their respective areas.”

For further information, please read the full ASX statement here.