QBE builds Financial Lines capabilities with management liability appointments

QBE European Operations has expanded its Financial Lines capabilities with several new hires to its management liability team.

Paul Perry will be joining as a Senior Underwriter. He joins from Starr where he was part of the management liability team since 2017. He has over 20 years’ experience, having also held roles at Zurich and JLT.

Tom Hunt has also joined the team as Senior Underwriter, having moved from QBE’s trade credit team. Tom previously worked at a number of large financial institutions before becoming a trade credit specialist with QBE. This background adds a depth of technical knowledge and financial experience to the team.

Rebecca Lowe joined the team recently as a Senior Underwriter. She joined from Marsh where she was a Client Executive. She is a fully qualified lawyer with previous experience at Clyde and Co.

In addition, the team has expanded with the appointment of three Financial Lines Underwriters:

• Urvi Patel has recently joined the team with over 10 years’ experience.
• Nic Grantham has relocated from QBE New Zealand and brings 9 years’ experience from the Australian and New Zealand retail market.
• Mark Pankhania has joined the team was previously Underwriter for Litigation and Civil Disputes for QBE Europe and also holds experience in financial lines from Markel.

All of the new appointments are based in London and report to Carly Eveniss, Portfolio Manager, Commercial Financial Lines, QBE European Operations.

Carly Eveniss, Portfolio Manager, Commercial Financial Lines, QBE European Operations, said: “Our expanded team bring a wealth of expertise that will be integral to the further development of our management liability portfolio. We see increased opportunity to expand the international reach of our portfolio and to work more closely with QBE’s other lines of business to provide the best service for the unique challenges our customers are facing.”

Recent research from QBE showed that senior leaders are increasingly being held to account when a business issue arises, almost half (48%) of UK respondents feel their personal liability within their role has increased.

Carly continued: “Senior leaders are increasingly being held to account when a business issue arises so having cover such as D&O is increasingly important, and we see considerable opportunity to help our customers be more resilient to such risks.”