QBE appoints new Head of UK Surety
QBE has appointed Leroy Hobson as Head of Surety, UK
Leroy has over 25 years’ experience in the surety market, having held Head of Surety roles at Zurich, Chubb and Aon.
In his new role he will be responsible for driving profitable growth of the existing surety portfolio and examining new opportunities for QBE in the surety arena. He reports to Trevor Williams, Head of Credit & Surety Europe and is based in London.
Trevor Williams, Head of Credit & Surety Europe for QBE, said: “The UK surety market is facing a challenging time in which it is increasingly volatile. However, the demand for the product remains high in the sector and QBE continues to look at new opportunities in a broadening appetite. We are pleased to have someone of Leroy’s calibre on board as we look to grow the portfolio through diversification of industry mix and bond type.”
Authored by 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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