The Big Interview
CEO, Australian and New Zealand operations
Last August, Tim Plant took the reins of QBE’s Australian and New Zealand operations, bringing more than 20 years’ international insurance and reinsurance experience. 2015 was a good year for Australia’s largest global insurer. In February, group CEO John Neal announced profits for 2014 totalling $742m, a staggering $1bn turnaround from a $254m loss in 2013. Its underwriting profit was $547m, representing 60% growth on the result of the year before. The Group’s interim results for 2015 were also strong, and a Moody’s report on the Group published in December predicted QBE will see stronger profitability in 2016 and 2017 because of cost savings and the repositioning of its business. As an employer, QBE picked up two local accolades at the 2015 Australian HR Awards, including Employer of Choice for companies with over 1,000 employees and Best Workplace Diversity and Inclusion Pro-gram. What’s ahead for QBE’s local arm this year under Plant’s leadership?
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