QBE has announced Colin O’Farrell, Chief Underwriting Officer, (Insurance) for QBE International, will be retiring from QBE at the end of this year.
Colin’s career spans over 36 years in the industry, including 34 at QBE.
Nick Hankin, currently Deputy Chief Underwriting Officer will be stepping into the role of Interim Chief Underwriting Officer as part of a planned transition from 1st January 2021. Colin has assumed a part-time role during the transition.
Nick is an experienced insurance leader with a focus on underwriting, P&L and risk & governance, working across UK, European and global markets. He joined QBE in March as the Group Head of Underwriting Governance. Prior to QBE, Nick was Chief Underwriting Officer for Commercial Lines at Aviva UK.
Richard Pryce said: “Colin has been an exceptional business leader who has assisted in ensuring QBE European Operations’ standing in the market today. His focus on underwriting performance leaves QBE well placed for the future. I would like to thank him personally, and on behalf of the Board, for his contribution.
For further information contact:
Alexis Burris, Media Relations Adviser, QBE, +44 (0)20 3465 3921
Sandra Villanueva, Senior Media Relations Manager, QBE +44(0)20 7105 5284
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 2019 was US$13.4 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 client base.
We understand the crucial role that effective risk management plays in all organisations and work hard to understand our clients’ 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 clients improve their risk management so that they may benefit from a reduction in claims frequency and costs.