Solving the Complicated Risks of Mid-Sized Financial Institutions
Risk and Insurance, March 2019
No matter their size, financial institutions are characterized by complex risk portfolios. Real estate funds will have a litany of property exposures. A venture capital firm investing in startups may have unique technology risks. Banks are subject to intense regulatory scrutiny and are frequent targets of cyber attacks. All of these institutions are highly exposed to professional liability risks.
How Media Liability Insurance Protects Freedom of Expression
Property Casualty 360, February 21, 2019
In this Property Casualty 360 (PC360) feature, Chris Cooper, VP Media Liability for QBE North America, discusses how to create a media liability insurance policy that protects both the dissemination of content and the freedom of expression.
Six Ways to Maximise Data Breach Plan Effectiveness
Thomson Reuters Regulatory Intelligence Commentary, February 12, 2019
This article, by Steven H. Anderson, Vice President, Product Executive - Privacy & Network Security, discusses why an effective data breach plan is so important. In fact, the number of corporations experiencing data breaches has gradually increased since 2013, from 33 percent to 52 percent, according to data from the Ponemon Institute. Hackers do not discriminate. Breaches span companies of all sizes and across all industries. Still, only 35 percent of companies have a fully realized data breach plan in place.
Using Artificial Intelligence to Assess Risk
Wall Street Journal, March 7, 2019
The Wall Street Journal features QBE in this article about innovative insurers using Artificial Intelligence to assess risk. Ted Stuckey, MD of QBE Ventures, talks about some of the work already underway here at QBE North America.
Phil Giles named to Captive Review’s Power 50 2018
Captive Review, February 12, 2019
QBE’s A&H team provides exemplary solutions for the specialized needs of self-insured employers. Phil Giles, Vice President of Sales & Marketing, was just named to Captive Review’s Power 50 2018, a listing of the most influential individuals in the worldwide captive insurance industry; this is his third appearance on the list.
How Insurance Can Promote More Women Leaders
Independent Agent, January 23, 2019
Jeff Grange, President of Specialty and Commercial Insurance, discusses how Companies can take proactive steps to improve gender parity and close the pay gap by supporting women and opening the pathway for more women to hold leadership positions.
Advice on Approaching Innovation for a Sustainable Food Future in New Report
Agfunder News, January 16, 2019
Startups are innovating solutions to address three of the biggest challenges in food and agriculture, but barriers exist when it comes to scaling these solutions, according to a new report from accelerator group Village Capital and QBE Foundation.
Social Media for Businesses – Who Owns the Followers?
Media Law Resource Center, January 9, 2019
Evynne Grover, AVP and Claims Practice Leader, Media Liability, was featured recently in the Media Law Resource Center. She discussed social media for business, and who actually owns the followers acquired during an employee's term of employment.
QBE North America CEO Interviewed by PropertyCasualty360
Property Casualty, December 3, 2018
PropertyCasualty360 featured Russ Johnston, and stated "He has some different ideas about how to lead an insurance company. So far, it seems to be working."
Pet Regan Featured in Insurance Journal
Insurance Journal, November 29, 2018
CEO Pat Regan is featured in this Insurance Journal interview, where he discusses QBE's culture and the importance of role modeling.
Global Trade Review Roundtable: Credit Where It’s Due
Global Trade Review, November 20, 2018
Harpreet Mann, Vice President, Product Development, participated in the Global Trade Review (GTR) Roundtable. GTR gathered prominent players in the US insurance market to discuss current trends, including extended payment terms and low premium rates, and what can be done to remedy the relatively low level of credit insurance utilization among corporates.
Jeff Grange Discusses QB’s Support for Veterans
Veterans Parade, November 11, 2018
In this interview with WPIX-TV (New York) Jeff Grange, President, Specialty & Commercial Insurance, touched on a variety of topics, ranging from the importance of Veterans Day, to the significance of QBE's Veterans Day parade sponsorship, to the benefits of hiring veterans.
QBE’s Restructuring Gains Traction with Its Focus on Profitable Underwriting
Insurance Journal, August 22, 2018
QBE’s restructuring over the last year has focused on exiting loss-making businesses and portfolios, while rigorously emphasizing profitable underwriting across the group. Read what Insurance Journal has to say about the effects of these efforts.
QBE launches risk management solution for Small and Medium-sized Businesses
Insurance Business America, August 9, 2018
QBE recently launched a Risk Solutions Center, linked directly to QBE’s Global Risk Solutions team, which uses technology to proactively engage business owners and make it easy for them to learn about and plan for the risks they face.
The Benefits of Medical Stop Loss Captives
Risk Management, August 1, 2018
The purpose of any alternative risk structure is to achieve the most appropriate balance between risk assumption and risk transfer to optimize savings while supporting the organization’s risk management, financial and business objectives. Get QBE North America’s perspective on this, as presented by Phil Giles in Risk Management.
Moving from a Traditional to a Digital Insurer
Insurance CIO Outlook, August 2018
Looking to the future, what does moving from a traditional to a digital insurer mean? Ketan Pandit, QBE North America's CIO, explains in this Insurance CIO Magazine article.
Medical Stop Loss for Single Parent Captives
Captive International, July 2018
As medical costs continue to rise, and regulatory uncertainties threaten the amount of control employers can maintain within more conventional insurance structures, interest in self-funding and medical stop loss captives continue to grow. Get QBE North America’s perspective on this in Phil Giles' article in Captive International (pages 12-14.)
Final Rules on Association Health Plans (AHPs) Issued
Captive Insurance Times, June 20, 2018
Get QBE's perspective on the White House and the Department of Labor issuing a final rule on association health plans (AHPs). Phil Giles discusses it in this article.
Trump trade tariff hikes up credit risks for US firms
Insurance Business America, June 18, 2018
Wayne Bayer, Yue Ma and Mills Ramsay are featured in this article, discussing how trade credit insurance can help companies cover those risks.
A.M. Best Affirms Credit Ratings of QBE Insurance Group Limited and Its Key Subsidiaries.
A.M. Best, June 13, 2018
Their press release states that "The ratings reflect QBE’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management."
Insurance Business America Features QBE North America’s Hurricane Preparedness Tips
Insurance Business America, June 12, 2018
With June 1 signaling the official start of the 2018 Atlantic hurricane season, businesses across the country are scrambling to ensure they’re storm ready. The first and most important thing for businesses to do is develop and implement hurricane response and business continuity plans, according to QBE North America’s Global Risk Solutions leader, Paul Isaac.
New York Law Journal Announces In-House Winners, Recognizes QBE’s Jose Gonzalez
New York Law Journal, June 12, 2018
Jose Gonzalez, QBE NA's Chief Legal Officer was recognized by the New York Law Journal as part of its annual awards contest citing outstanding work performed by in-house legal departments.
QBE Looking to Reap the Benefits from Artificial Intelligence
Insurance Business America, June 12, 2018
Read what Managing Director of QBE Ventures Ted Stuckey said to Insurance Business America about our most recent investment in HyperScience.
Back to Basics: How QBE is Staging a Comeback in North America
Risk & Insurance, May 23, 2018
QBE is staging a comeback in North America. QBE Group CEO Pat Regan explains how in this interview with Risk & Insurance.
QBE's Jeff Grange: Smart Underwriting Looks Across Risks, Not Just at Each Risk
A.M. BestTV, May 9, 2018
Jeff Grange, President, Specialty, was recently interviewed by AM BestTV. In “QBE's Grange: Smart Underwriting Looks Across Risks, Not Just at Each Risk,” Jeff discussed the importance of communication and partnership with clients in this time of transition for the insurance industry.
New Tax Code Provision Affects NDA’s on Sexual Harassment Settlements
Reactions Magazine, May 2018
If a sexual harassment settlement is subject to a non-disclosure agreement, a new tax code provision prohibits employers from deducting the payment and the attorney fees as business expenses. QBE NA’s Tobias Spruill-Lewis and Moire Moron wrote this piece for Reactions magazine detailing the implications of the provision.
Embedding attorneys within specific business units builds strong, collaborative client relationships
Profile Magazine, May 2018
In @Profile Magazine, QBE SVP, General Counsel Mark Pasko shares how he restructured the legal team at the company to embed attorneys within specific business units so they could better apply their expertise and build strong, collaborative client relationships.
Peeling Back the Layers of Risk for U.S. Companies on the Global Stage
Risk & Insurance, April 9, 2018
U.S.-based companies of every size have compelling reasons to take their business abroad. This especially holds true as global expansion is no longer exclusive to Fortune 500 corporations.
CEO Russ Johnston on the Importance of Work-Life Balance
Bloomberg BNA, April 6, 2018
In this article, Russ discusses the importance of matching employees' goals with the goals of the organization.
The Role of Leaders Is Serving Employees: QBE NA CEO Johnston
Carrier Management, November 28, 2017
Russ Johnston discusses the most important qualities for a CEO to possess today and his philosophy of putting employees first to ultimately deliver the best value for customers and shareholders. The article also covers Russ' career path and the lessons he has learned along the way.
QBE's Global Strength: A Pillar of North America Strategy
Carrier Management, November 28, 2017
QBE NA CEO Russ Johnston discusses the three pillars of QBE North America's strategy as an integrated specialist insurer – applied expertise, experience of excellence, and global strength.
How to fry a Thanksgiving turkey without getting burned
Property Casualty 360, November 20, 2017
Mark McCormick, Vice President, Personal Risk Services for QBE NA, shares tips to deep fry a turkey safely.
QBE Sponsors NYC Veterans Day Parade, Supports Veterans Organizations
WPIX TV (NY), November 11, 2017
Jeff Grange, President, Specialty Insurance, QBE NA, discusses QBE's work to combat vet homelessness and support and hire veteran employees through its VALOR business resource group.
Hurricane Irma's Top 5 Property Losses
Property Casualty 360, November 3, 2017
Dan Franzetti, Chief Claims Officer, QBE North America, writes about the trip he took with his leadership team to Florida after Hurricane Irma and his observations about the top five losses and how to prevent them.
QBE North America Forms Alliance with MGA Professional Risk Facilities
Insurance Journal, November 1, 2017
QBE NA announces a strategic program underwriting alliance with Professional Risk Facilities (PRF) to offer coverage for Miscellaneous E&O, Media Liability, Tech E&O and Cyber to accounts generating less than $5 million in revenue.
Medical Stop-Loss and Healthcare: Thoughts and Opportunities for the Future
Captive Insurance Times, Conference Special, 2017
Phillip Giles, VP, Sales and Marketing, Accident & Health, QBE North America, writes about group medical stop-loss captives as a way to attain long-term stability in the overall cost of healthcare delivery to employees during a time of regulatory uncertainty.
Mitigating exposure for advanced practice clinicians
Advisen, October 17, 2017
The number of primary-care physicians is shrinking and will likely continue to do so. Meanwhile, there is an increase in advanced practice clinicians (APCs), including physician assistants and nurse practitioners. While use of APCs offers benefits, it also brings professional liability concerns. Advisen spoke with Bridget Zaremba, Healthcare Claims Practice Leader at QBE North America, to find out more.
Reference-based Pricing Plans: A Healthy Alternative
Captive Insurance Times, October, 2017
Phillip Giles, VP, Sales and Marketing, Accident & Health, QBE North America, writes about the increased use of reference-based pricing plans to control the cost of medical services provided by employer self-funded healthcare plans.
QBE North America's CEO Johnston on the Future of Insurance
Carrier Management, September 1, 2017
What major changes are on the horizon for the property and casualty insurance industry in the next 10 years? Russ Johnston notes that the power of technology to drive change and disrupt traditional industry models will continue to have a paradoxical effect on the industry. It will give us more tools to collect and analyze data to price certain risks, but it will also accelerate the pace of change and give rise to unknown risks.
Deep Learning: Potential and Opportunities for Insurers
CIO Applications, September 1, 2017
Roland Guglielmi, Chief Data & Analytics Officer, QBE North America, writes about the potential impact of Artificial Intelligence (AI) on areas including customer experience, underwriting, distribution, and claims in the insurance industry. Insurance carriers can greatly benefit from recent advances in artificial intelligence and machine learning. These techniques are potential game changers, especially in the area of fraud analytics.
Havoc and hope: Ransomware attacks drive awareness, innovation
Advisen, July 17, 2017
Fallout from recent ransomware attacks has ranged from extended disruption for some organizations to concern over financial aggregation from regulators. For carriers, however, this uncertain environment has led them to adapt to these new threats by developing innovative solutions, which in turn has led to continued boost in cyber insurance sales. QBE North America's Steven Anderson, vice president and product executive for privacy and network security is quoted in an Advisen article providing perspective on business interruption, interest in cyber insurance and potential longer-term effects cyber-attacks can have on businesses and the global economy.
Rule 23 under the Microscope: Pending Legislation May Alter the Class Action Landscape
Advisen, May 26, 2017
Daniel H. Simnowitz, vice president of Product Development at QBE North America, and Ariel Fliman, assistant vice president, Product Development at QBE North America, write about recent legislation passed by the US House of Representatives that may change the procedural landscape for federal class actions which should be of interest not only to management and professional liability insurers but also to risk managers and brokers.
Implications of NYDFS Regulations on Cyber and D&O Exposure
Carrier Management, May 8, 2017
The New York State Department of Financial Services’ (DFS) cybersecurity regulation that went into effect March 1 are still being realized by the insurance industry. Daniel Simnowitz, vice President of product development at QBE North America, writes about the regulations potential impact on directors and officers (D&O) and cyber liability and exposure, as well as the insurance policies that provide coverage for such risk.
Turning the Tables: Using Social Media to Push Back Against Fraudsters
Risk Management, March 1, 2017
Brian Wilson, vice president of special investigations at QBE North America, writes about how insurance companies are finding ways to leverage information from social media to combat fraud.
QBE Inland Marine Launches Combined Liability Coverage for Motor Carriers
Insurance Journal, February 22, 2017
QBE announced the launch of The Solution for Motor Truck Cargo – a comprehensive policy offering unique coverages for motor carriers. This new coverage combines both Motor Truck Cargo and Logistics Liability insurance in one policy, thus simplifying for this industry the process of obtaining the insurance it needs.
Eight Tools for Using Social Media to Fight Insurance Fraud
PropertyCasualty360.com, January 27, 2017
Insurance companies are turning to social media to detect fraudulent claims. This article by Brian Wilson, vice president of special investigations at QBE North America, notes several examples of claimants publicly sharing facts of their lives on social media that contradict the basis of their claim, such as semi-pro athlete playing well in local sports leagues while collecting workers’ compensation benefits.
QBE named to top ten in annual Advisen product innovation ranking
Advisen, January 17, 2017
QBE has been ranked among the top ten carriers on the 2016 Advisen New-Product Pacesetter Index for the delivery of innovative insurance products for our Specialty and Property & Casualty customers. The top ten listing is a highly-coveted ranking among carriers and demonstrates QBE’s commitment to providing effective risk mitigation solutions for our customers. Advisen is a leading source of data, media, and technology solutions for the insurance market. The publication highlighted that QBE jumped from the 15th spot in 2015 to the 7th spot in 2016, a notable upward trend.
Cyber Directors: Greater Expertise, Greater Liabilities?
Risk & Insurance, October 17, 2016
QBE Senior Vice President, Underwriting Counsel Carol Zacharias had a blog post titled “Cyber Directors: Greater Expertise, Greater Liabilities?” published on Risk & Insurance. In her post, Zacharias examines how a board can address cyber risk complexities and meet its duty of care. She also takes a look at the issue of whether the cyber expert director has a higher risk of liability than fellow directors.
Manufacturing | Emerging Market & Risks Shake Up Market
Crittenden Inside Insurance Report, October 3, 2016
QBE North America's new Manufacturing E&O endorsement to its Product Liability line was featured in Crittenden Inside Insurance Report
Captive Review, October 2016
Phillip Giles, QBE Vice President of Sales and Marketing, discusses the strong growth he is witnessing in the captive medical stop-loss market in the Final Word section of Captive Review’s October edition
QBE Recognized as a Top 100 Adoption-Friendly Workplace by Dave Thomas Foundation for Adoption
Dave Thomas Foundation for Adoption, September 14, 2016
QBE was recognized as a Top 100 (#2 for Insurance) Adoption-Friendly Workplace by the Dave Thomas Foundation for Adoption, America's only nonprofit public charity dedicated to finding homes for children in foster care.
Class Action Goes Global
Advisen, September 2016
For decades the United States was the epicenter of securities class-action lawsuits against executives and their companies. However, a 2010 court decision determined the federal court system would no longer be host to essentially foreign disputes. QBE Senior Vice President, Underwriting Counsel Carol Zacharias considers this as she examines how multinational insurance programs can protect executive risk.
Spotlight on Innovation in the Transaction Insurance Market
Advisen, September 2016
Advisen's Rebecca Bole interviewed Dennis Kearns, leader of QBE North America’s Transactional Liability and Financial Institutions practices, about the factors driving the market to grow at a fast pace.
2016 US Captive Services Awards: Winners and judges comments
Captive Review, August 8, 2016
QBE was named the Insurance Company of the Year during the 2016 US Captive Services Awards in Burlington, Vermont.
Working Globally and Encouraging Locally
IMPACT magazine, Summer 2016
QBE’s numerous volunteer efforts throughout North America were highlighted in IMPACT magazine, a publication created by the Insurance Information Institute that spotlights the insurance industry’s contributions to the community.
QBE partners with Sun Prairie High School Computer Science classes
Sun Prairie Star, August 4, 2016
Throughout the summer, employees from QBE North America’s office in Sun Prairie, Wisconsin have volunteered at Sun Prairie High School’s Introduction to Computer Science class to discuss their careers and how they use the course material in their daily work.
QBE North America donates to 8th annual ReidRide
Palladium-Item, July 23, 2016
QBE North America recently donated $10,000 to the annual ReidRide bike event, which helps raise funds to provide shoes for children throughout the Richmond, IN area and promotes health & wellness with area children.
A.C. bicycle giveaway shows corporate philanthropy on the rise
The Press of Atlantic City, July 22, 2016
During a recent offsite team building event, QBE Specialty employees volunteered their time to build 30 bicycles for children from the Boys and Girls Club of Atlantic City as a way to encourage community engagement, service and outreach.
QBE North America Launches Diversity & Inclusion Speaker Series with Gay Former U.S. Marine
Business Insurance, July 15, 2016
In celebration of LGBTQA Pride month, QBE North America sponsored its inaugural Diversity & Inclusion Speaker Series in June with employees and customers in attendance. The speaker was retired U.S. Marine Staff Sergeant Eric Alva who was key in the repeal of the 1993 “Don't ask, don't tell” policy that prohibited people who are openly gay from serving in the armed forces. Note: To read this article, you may be required to register online.
Medical Stop-Loss: A Tactical Resource
Captive Insurance Times, May 25, 2016
With the Affordable Care Act still having an impact on self-funding and the use of medical stop-loss captives, Phillip Giles, Vice President - Sales & Marketing, explores where this area will go next.
QBE North America Executive to Serve on InVEST Board
Independent Insurance Agents & Brokers of America, May 25, 2016
Amanda Taylor, VP Strategic Initiatives, Standard Lines P & C, has recently been appointed to the board for InVEST, a leader in the insurance industry for classroom-to-career education program.
'Doing good' makes good business sense, one insurer finds
Advisen, April 22, 2016
Jeff Grange, President, Specialty Insurance; Steve Gransbury, President, Accident & Health; and John Burkhart, Senior Vice President, Specialty Insurance, were recently featured in an article in Advisen about QBE’s Premiums4Good. This program is a unique offering in the industry that allows insureds across the globe to help direct their giving efforts by assigning up to 25 percent of their premiums into socially responsible investments like green bonds (investments in environmentally-friendly projects) or other projects with a "directly observable" social impact.
Insurer Names Property/Casualty Executive
Business Insurance Magazine, April 18, 2016
QBE NA’s appointment of Glenn Skrynecki to lead our Standard Lines Property & Casualty Program business as Senior Vice President, was featured in a news brief on Business Insurance's website. (Note: To read this article, you must be an online registered user of Business Insurance.)
Medical stop-loss in captives on the rise, finds QBE North America
Captive Insurance Times, April 13, 2016
Companies that self-fund their employee health insurance plans are increasingly using medical stop-loss captives, according to a whitepaper by QBE North America.
Steve Gransbury - The Future Is Now
Risk & Insurance, April 4, 2016
Steve Gransbury, QBE NA President, Accident and Health, was featured in an article that focuses on how mid-size employers transitioning from fully insured health care plans are intrigued by stop-loss captives.
New Occupational Accident & Contingent Liability Program with K2 Insurance Services, High Point Underwriters and Midwestern Insurance Alliance
PR Newswire, March 31, 2016
K2 Insurance Services, LLC (K2) has recently acquired Morris Plains, New Jersey-based High Point Underwriters. Concurrently with the acquisition, High Point, together with Midwestern Insurance Alliance, have partnered with QBE North America to administer a national workers' compensation and occupational accident insurance program.
Steve Gransbury - Selfie Health Insurance Is All the Rage
Managed Care Magazine, March 2016
Steve Gransbury, President, Accident & Health, QBE North America, discusses self-insured health plans and how they are an elegant solution for employers looking to manage rising health care costs.
Professional liability coverage offered for agents, brokers
Business Insurance Magazine, March 2016
QBE NA & RPS/Plus Companies' program underwriting agreement to provide Professional Liability Insurance to agents & brokers was featured in a news brief on Business Insurance's website. (Note: To read this article, you must be an online registered user of Business Insurance.)
Rachel Underwood – Reactions 20 Rising Stars Under 35
Reactions Magazine, March 2016
Rachel Underwood, Assistant Vice President, Accident & Health, QBE North America, was named by Reactions Magazine as one of 20 rising stars under 35 to watch.
Leigh Oates Discusses the Importance of Diversity and Inclusion
Reactions Magazine, March 2016
Leigh Oates, Chief Actuary, QBE North America, discusses the growing need for diversity and inclusion in the insurance industry. In the article for Reactions Magazine she explains how QBE NA’s diversity and inclusion initiatives have benefited our organization in innumerable ways.
QBE appoints Joe Davide, SVP of Risk Management, overseeing large accounts in North America
Carrier Management, January 2016
Brian Griffith- Risk & Insurance 2016 Insurance Executive To Watch Special
Risk & Insurance, December 2015
Brian Griffith, Executive Vice President, Field Management & Distribution, QBE North America, was named by Risk & Insurance newsletter as one of 13 insurance executives to watch in the coming year.