The new healthcare practice group at QBE will be supported by all regional offices in the UK and will provide a better focussed approach to customers in the UK healthcare sector.
Accompanying the new Healthcare Practice, QBE also launches today a new combined liability product: Healthcare Advantage. It features five separate sections covering medical liability, professional indemnity, general liability, abuse, and employers’ liability. Each section will have its own limit of indemnity.
The QBE Healthcare Advantage Liability product ensures healthcare customers can use one insurer for their core liability cover. It is available through brokers from Tuesday 12 March 2024.
Doug Walker will lead the new practice, supported by the Healthcare team in London, and underwriters in QBE offices around the country in Bristol, Birmingham, Manchester, Leeds, Glasgow and Belfast.
QBE Europe, Portfolio Manager and Healthcare Practice Lead, Doug Walker said:
“This is an exciting opportunity to support our customers in the healthcare industry through the creation of the new Practice Group. Our Healthcare Advantage Liability product provides a single policy for core liability exposures facing the healthcare industry. It will reduce potential gaps in cover while providing a simplified process for brokers and customers.
“The new practice will enable QBE to take a more joined up approach across the healthcare industry, responding to the evolving demands of healthcare customers.”
QBE has been offering specialist insurance products in the healthcare sector for the industry for more than 25 years; the practice and product will leverage QBE’s strength in coverage, execution and claims experience.
Andy Fitzgerald, Director of UK Regions at QBE adds “The launch of our Healthcare Advantage product further supports our regional expansion plan. With our regional leadership team now embedded, our focus is the continued growth of our core product lines, expanding our product and service offering, and developing relationships with more brokers and customers across the UK, giving them access to empowered local underwriters.”
The new Healthcare practice group at QBE follows two other successful practice launches in the last few years: Construction and Sustainable Energy.
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About QBE
QBE helps businesses build resilience through risk management and insurance.
QBE European Operations is part of QBE Insurance Group, one of the world’s leading international insurers and reinsurers and Standard & Poor’s A+ rated. Listed on the Australian Securities Exchange, QBE’s gross written premium for the year ended 31 December 2023 was US$21.75 billion. As a business insurance specialist, QBE European Operations offers a range of insurance products from the standard suite of property, casualty and motor to the specialist financial lines, marine and energy. All are tailored to the individual needs of our small, medium and large customer base.
We understand the crucial role that effective risk management plays in all organisations and work hard to understand our customers’ businesses so that we offer insurance solutions that meet their needs – from complex programmes to simpler e-trading solutions – and support them in minimising their risk exposures. Our expert risk management and rehabilitation practitioners focus on helping customers improve their risk management so that they may benefit from a reduction in claims frequency and costs.