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QBE appoints European product managers for Cyber and ML/FI

International insurer QBE has appointed Simon Højmark as Europe product manager for Cyber and Dr Patrick Seul as Europe product manager for Management Liability and Financial Institutions.

Part of QBE’s strategy to foster cross-national expertise, the two promotions effective 1 July will see them report to Naintara Agarwal, director of Underwriting and Portfolio Management for Europe.

Based in Copenhagen, Denmark, Simon Højmark started with QBE 13 years ago as finance controller before becoming assistant underwriter and then underwriter for Casualty and Financial Lines. In 2015, he launched QBE’s cyber offering in the Nordic region and in 2020, he took up the position of Financial Lines portfolio manager for the Nordic region. In addition to this, Simon has served as cyber subject matter expert for Continental Europe and latterly as European technical manager for Cyber.

Simon holds a BSc and an MSc from the Copenhagen Business School and also studied at HEC Lausanne, Switzerland.

Dr Patrick Seul has a 14-year career in insurance, most recently as portfolio manager Financial & Specialty Markets for Germany and Austria at QBE. His first role was as a D&O (Directors’ and Officers’ liability) underwriter with Allianz Global Corporate & Specialty (AGCS) in Munich, Germany. Staying in the Bavarian capital, he moved to Aon, as a D&O broker and eventually advanced to broking manager for South Germany. He then joined AIG, overseeing D&O Commercial/Crime for Germany, Austria and Switzerland. In 2019, Patrick brought his expertise to QBE, where he recently worked as Financial Lines portfolio manager and served as European technical manager for D&O and Financial Institutions.

Patrick holds a law degree from the University of Munich and furthered his education with a Master of Business Law (MBL) and a PhD from the University of Salzburg.

Naintara Agarwal, director of underwriting and portfolio management, QBE Europe, commented: “Our ongoing strategy is to focus on our Financial Lines practice across the Continent and the UK, ensuring that our clients have a comprehensive suite of products and receive the excellent service they have come to expect from us. With Simon and Patrick on my team, our commitment to that endeavour is strong.”