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QBE European Operations
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With hundreds of products and deep underwriting expertise, we can cover most business risks. We apply our energy and determination to finding solutions to even the most complex challenges – and we’re not afraid to try something new, even if it means going against market conventions.

2016 at a glance

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Employees

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Countries

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Invested in Premiums4Good icon

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Allocated to QBE Premiums4Good

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Global reach

QBE European Operations forms a significant part of the QBE Insurance Group, which is one of the world’s leading insurers and reinsurers, with operations in 37 countries worldwide.

At QBE, our purpose is to give people the confidence to achieve their ambitions

Financial strength

The strength of the QBE Insurance Group balance sheet means you can transfer your risks to us, confident in the knowledge that if you ever need to make a claim, we’ll be here for you.

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Insurance profit

All figures from 2016. For more, visit the Financial Reports and Presentations area on our Group website, where you can also find information for investors and shareholders.

Highly rated

Our strength and security is reflected in the insurer financial strength ratings that QBE European Operations receives.

QBE Insurance (Europe) Limited

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A+

Positive

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A+

Positive

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A

Stable

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A1

Stable

QBE Insurance Group

Standard & Poor's A+ Positive

Fitch Ratings A+ Positive

A.M. Best A Stable

Moody's A1 Stable

QBE Insurance (Europe) Limited

Standard & Poor's A+ Positive

Fitch Ratings A+ Positive

A.M. Best A Stable

Moody's A1 Stable

QBE Re (Europe) Limited

Standard & Poor's A+ Positive

Fitch Ratings A+ Positive

A.M. Best A Stable

Moody's A1 Stable

Lloyd's (via Syndicate 386 and 2999)

Standard & Poor's A+ Strong

Fitch Ratings AA- Very strong

A.M. Best A Excellent

Moody's

Company

Standard & Poor's

Fitch Ratings

A.M. Best

Moody's

QBE Insurance Group

A+ Positive

A+ Positive

A Stable

A1 Stable

QBE Insurance (Europe) Limited

A+ Positive

A+ Positive

A Stable

A1 Stable

QBE Re (Europe) Limited

A+ Positive

A+ Positive

A Stable

A1 Stable

Lloyd's (via Syndicate 386 and 2999)

A+ Strong

AA- Very strong

A Excellent

Meet our Executive Management Board

Richard Pryce

Richard joined QBE European Operations as Deputy CEO in 2012 and became CEO the following year. He has worked in the London insurance market for more than 30 years, including holding several roles at ACE, where he eventually became President of ACE Global Markets, with responsibility for the UK business.

Nigel Terry

Nigel previously held the role of QBE European Operations Finance Director. Prior to working at QBE Nigel was the UK CFO at Aspen Insurance UK Limited and Aspen Managing Agency Limited (the agent for syndicate 4711), and an audit partner at PwC providing high quality assurance over financial reporting, controls and regulatory issues.

Mike East

Mike joined in 2015 from Canopius, where he had been Head of Claims since 2006. He has more than 20 years’ experience in claims and he is a current member and former Chairman of the London Market Association’s Claims Committee.

Mike has led QBE’s Claims team since 2016.

Joe Gordon

Joe has more than 30 years’ experience in Operations. He started working in the industry in 1996 when he joined AIG, where he went on to hold several roles. He then worked for Zurich Insurance in the UK and Switzerland, before joining QBE in 2013 as Chief Operations Officer.

Colin O'Farrell

Colin started his career at the Insurance Company of North America (UK) in 1984. He left in 1986 to help establish Syndicate 1036 at Lloyd's, and eventually became Active Underwriter. In 2007, he was appointed Managing Director of QBE European Operations' Marine & Energy Division and held several other roles before being appointed Chief Underwriting Officer in 2015.

Sam Harrison

Sam started his career in insurance at Commercial Union which he joined on graduating with a degree in Economics in 1993. After completing his ACII qualifications in 1995 he joined CU’s Energy team where he spent the next three years. In 1998 Sam joined Syndicate 1036 as Assistant Offshore Energy underwriter, becoming Head of Offshore Energy for the Syndicate three years later, and Head of Energy in 2005.

In 2010 Sam was promoted to Head of Marine & Energy for Syndicate 1036, then again in 2013 to Managing Director of QBE European Operations’ International Markets division. In June 2015 he joined the company’s Executive Committee and assumed full responsibility for the leadership of the International Markets division, which annually underwrites in excess of £1billion GWP.

In July 2017, he was named Managing Director, Insurance. This single underwriting division comprises of the UK, Europe and International Markets business units.

Jonathan Parry

Jonathan has 30 years’ experience in the London reinsurance market. He joined Lloyd's Syndicate 566 in 2000 and became Active Underwriter in 2005. In 2010, he was appointed Managing Director of QBE's Reinsurance & Specialist division.

Today, he leads our Reinsurance division.

Neil Purvis

Neil joined QBE European Operations in 2015 from BlackRock Investment Management, where he was Managing Director of its Defined Contribution business. His experience spans more than 20 years, during which time he has held senior HR roles with BGI, Credit Suisse, Morgan Stanley, Ford Motor Company and British Gas.

David Winkett

David joined QBE in 2000 and was appointed Chief Financial Officer in 2004. He is a chartered accountant and previously spent 10 years at PwC working with Lloyd's, London market and international insurance companies.

Partnering for success

Giving something back

Our employees want to actively contribute to the communities where they live and work; they take part in a range of fundraising activities and initiatives to help people and communities thrive and achieve their goals.

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