Sutton Specialist Risks (SSR) and QBE have announced a five-year agreement to extend their relationship, taking the partnership to four decades of success.
QBE provides SSR with market leading bespoke covers tailored to businesses operating in industries including security, fire protection, electrical and cleaning.
The extension means SSR will be supported with significant capacity for the next five years with GWP expected to exceed £50m annually.
SSR Managing Director Gary Uren, commented:
“Ever since our inception in 1989, our collaboration with QBE has played an important component of our business and we are delighted to extend the relationship for another five years. We value QBE’s technical expertise and access to data-led portfolio solutions.
“The success of this facility is based on providing the UK broking community with quality service as well as excellent knowledge of the specialised sectors. By working under an extensive delegated underwriting authority and utilising e-trade functionality, our underwriting and development teams work together with claims support functions to offer a bespoke unique proposition for the market.”
QBE Head of Trading South West Region Steve Field, commented:
“Our partnership with SSR is a true demonstration of collaborative solutions. We are delighted to continue our work with SSR through our team in Bristol and are proud of the longevity of this relationship – it is unique in the insurance industry.
“Now backed by global fintech Acrisure, SSR continues to recognise the value from their relationship with QBE as they further develop their presence in the UK.”
The proposition is evolving with new wording and additional covers added.
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For further information contact:
Sandra Villanueva, Corporate Communications, QBE, 020 7105 5284, sandra.villanueva@uk.qbe.com
Georgie Hall, Corporate Communications, QBE, 07890 647 808, georgie.hall@uk.qbe.com
About SSR
SSR was formed in 1989 to provide niche expertise and wholesale insurance products to meet the needs of clients operating in the security and fire protection. From its inception, SSR has maintained an exclusive relationship with QBE Insurance Group, which has enabled SSR to consistently meet the needs of high-risk industries. SSR continues to develop new products for emerging and established sectors, both with QBE and other providers. SSR was acquired by US based Acrisure in January 2023, a global fintech leader operating a top-10 global insurance broker.
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.
Steve Field
