QBE has announced plans to set up a branch in the Netherlands as part of its European expansion plans.
Recruitment is underway to fill a number of key roles for the Netherlands branch, across underwriting, claims, operations and finance, with a view to writing business incepting from January 2023, subject to regulatory approval in the meantime. Working solely through intermediaries, QBE initially intends to offer core commercial liability, financial lines and property coverage for mid-market to large corporates.
In addition, the Netherlands branch will have a multi-national offering which provides flexible and compliant cover for more than 180 countries.
Cécile Fresneau, Managing Director – Insurance at QBE comments “We have been steadily building our offering in Continental Europe, providing a credible alternative to established markets. We have the financial backing of a global enterprise but retain the agility of a smaller operation. This enables us to offer a flexible approach and new solutions to the market and has underpinned our success so far in Europe. We see great potential in the Dutch insurance market and are excited to get started.”
Sebastiaan Lambalk, Strategy Executive for QBE Europe is leading the establishment of the Netherlands branch and overseeing the creation of the local team.
QBE is recruiting to fill the following roles: Underwriting Manager, Operations Manager, Head of roles for Property/Liability/Financial Lines/Construction and various Underwriting roles, Claims Manager, Market Manager,
For further information contact:
Sandra Villanueva, Corporate Communications, QBE, 020 7105 5284, Sandra.Villanueva@uk.qbe.com
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 2021 was US$18.5 billion.
The Netherlands operation will be a branch of the NBB regulated entity QBE Europe SA/NV.