Chris Wallace to head up QBE UK insurance business

Chris-Wallace,-Executive-Director,-QBE-UK-Insurance-business

Authored by QBE

Chris Wallace has been appointed Executive Director of QBE’s UK Insurance business taking over the role from Cécile Fresneau, who was promoted to run the European Operations Insurance division earlier this year, and into whom Chris will continue to report.

Effective 1st November, subject to regulatory approval, Chris will assume leadership for the UK business in tandem with his current responsibilities as Executive Director for Europe. He will lead both the UK and Europe businesses until 31 March 2022, at which point he will hand over the Europe role to a yet to be appointed person.

Chris has been with QBE since 2008 and has held a number of senior positions during his tenure. He has a proven track record of delivering organisational and operational change, most recently while also overseeing the profitable growth and expansion of QBE’s European portfolio.

Cécile Fresneau, Managing Director – Insurance Division QBE comments “Chris was instrumental in driving change across our European portfolio and has ensured our teams across Europe are on track to deliver their ambitious growth plans. We have a clear opportunity to strategically expand our business in the UK and I have every confidence that Chris is the person to help make that happen.”

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About QBE

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 2018 was US$13.7 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.

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