QBE North America has introduced the promotion of Michael Foley (pictured above) to president of business insurance coverage. Foley beforehand served as chief underwriting officer for QBE’s business casualty enterprise.
In his new position, Foley will probably be liable for planning, directing and executing the technique for strains of enterprise together with center market, business casualty, staff’ compensation applications and business property applications. He’ll be a part of QBE North America’s government administration board and can report back to Todd Jones, CEO of QBE North America.
“We’re excited to have Mike step as much as this new position,” Jones mentioned. “With many years of expertise within the business insurance coverage market, he has confirmed his skill as a frontrunner in constructing high-performance groups, delivering options for patrons, and producing a top-quality e book of enterprise. The business enterprise is vital to our success, and we now have little question Mike will assist take it to the subsequent degree as we assist our clients construct a extra resilient future.”
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Previous to becoming a member of QBE in April 2022, Foley served as world chief underwriting officer for casualty and healthcare at Berkshire Hathaway Specialty Insurance coverage. He has additionally held quite a lot of management roles at AIG, together with chief working officer for the applications division of Lexington Insurance coverage. Foley started his insurance coverage profession within the middle-market enterprise at The Hartford.
Foley’s promotion is the most recent appointment at QBE North America. Final month, the corporate named Rachel chief individuals officer and David Mulligan chief working officer. In November, it appointed Laura Coppola as chief underwriting officer.
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