QBE North America Appoints Matt Westhoff as President of Commercial Insurance
NEW YORK, NY, OCTOBER 29, 2024 – QBE North America today announced the appointment of Matt Westhoff as President of its Commercial Insurance business, effective November 11, 2024.
Westhoff will be responsible for leading the $1 billion-plus Commercial Insurance portfolio comprised of workers’ compensation and property programs, commercial construction, and specialty casualty lines. In this role, he will drive strong underwriting and financial performance with a focus on profitable growth, disciplined portfolio management, and strong trading partner and distribution relationships.
QBE North America CEO Julie Wood said she was excited to have Westhoff join QBE.
“Matt brings a wealth of experience and a new perspective to the role and my management team. We are committed to the property and casualty segment and Matt’s experience building profitable businesses from the ground up combined with his focus on talent, culture and broker relationships will be invaluable as we look to scale and grow,” said Wood.
“As an immediate focus, I have asked Matt to build a new excess and surplus property business to complement our growing Specialty Casualty portfolio. He’ll leverage the effective and successful distribution model we have in place which is characterized by a very limited retail and selective wholesale channel strategy that ensures we deliver a strong, personalized customer experience,” she added.
Westhoff joins QBE with deep expertise across large commercial and commercial property lines, and a wealth of experience building and scaling high-performing and profitable businesses with a keen focus on portfolio management, underwriting excellence, leadership, and client and distribution management.
He is based in New York and succeeds Mike Foley, who served as QBE North America’s President of Commercial Insurance since March 2022, and has transitioned to Chief Underwriting Officer for North America.
About QBE North America
QBE North America is a global insurance leader helping customers solve unique risks, so they can stay focused on their future. Part of QBE Insurance Group Limited, QBE North America reported Gross Written Premiums in 2023 of $7.6 billion. QBE Insurance Group’s results can be found at qbe.com. Headquartered in Sydney, Australia, QBE operates out of 27 countries around the globe, with a presence in every key insurance market. The North America division, headquartered in New York, conducts business primarily through its insurance company subsidiaries. The actual terms and conditions of any insurance coverage are subject to the language of the policies as issued. Additional information can be found at qbe.com/us or follow QBE North America on LinkedIn.
Media Contact:
Lou Casale, Media Relations
[email protected]