QBE European Operations does much of its business through its Lloyd’s syndicates because of the financial strength, security and global reach that Lloyd’s provides.
Lloyd's is the world's leading specialist insurance market, conducting business in more than 200 countries and territories worldwide. It is often the first to insure new or unusual risks and brings together an outstanding concentration of expertise, backed by excellent financial ratings.
We manage our Lloyd's activities through QBE Underwriting Limited (QUL), one of the largest managing agents at Lloyd's. QUL manages two Lloyd's syndicates: Syndicate 386 and umbrella Syndicate 2999.
Syndicate 386, which was established in 1974, is a specialist UK non-marine liability insurer led by Active Underwriter David Harries. It writes Employers’ Liability, Professional Indemnity, Public and Product Liability in the UK and internationally.
Syndicate 2999 was set up in 2000 and is led by joint Active Underwriters Colin O'Farrell and Jonathan Parry. It comprises four trading units: Syndicate 1036, Syndicate 1886, Syndicate 5555 and Syndicate 566:
Syndicate 1036 is is a trading unit of Syndicate 2999 led by led by Colin O’Farrell. It writes worldwide Hull, Energy, Liability, Specie, Cargo, War and Political Risks business, and also incorporates British Marine.
Syndicate 1886 is is a trading unit of Syndicate 2999 led by led by Colin O’Farrell. It writes Property Direct And Facultative, Property Binders, Contractors’ All Risks, International Liability, UK and Ireland Liability, Environmental Impairment Liability, Professional and Financial Lines, Cyber and Motor business.
Syndicate 5555 is a trading unit of Syndicate 2999 led by led by Colin O’Farrell and was established for the 2016 underwriting year to include QBE's participation in broker portfolio solutions.
Syndicate 566 is led by Jonathan Parry, Chief Underwriting Officer of QBE's Reinsurance division. It specialises in excess of loss reinsurance business, writing Non-Marine Property, Aviation, Marine, North American and International Casualty Treaty, Worldwide and Retro, and Personal Accident business.
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