QBE North America launches new business unit for financial institutions

QBE North America launches new business unit for financial institutions | Insurance Business

QBE North America launches new business unit for financial institutions

QBE North America has announced a new business unit dedicated to meeting the needs of financial-institution customers.

QBE Integrated Advantage for Financial Institutions offers customers access to a single team, organized under a dedicated leader, that includes financial-institutions professionals in underwriting, claims, global risk solutions, distribution and product. The team is led by Stacey Meade, senior vice president. It offers streamlined access to products and services designed to meet the exposures of financial-institutions businesses, including banks, asset managers and insurance companies.

“Most of the industry takes a cross-sell approach to verticals,” said Russ Johnson, CEO of QBE North America. “We have gone down a unique path, putting multiple product underwriting under a single team and single business so that we can take a holistic approach to the customer.”

The model allows businesses to work with one team in order to save time and resources and simplify the process of securing insurance coverage, QBE said. When claims arise, customers will have access to a dedicated point of contact.

“With QBE, financial institutions can gain confidence that they are protected with an end-to-end solution that no other carrier can match,” Meade said. “Our management liability, professional liability, general liability, property, workers’ compensation, umbrella and auto solutions cover the evolving risks of a financial institution, so our customers can focus on their businesses. Everything is backed by our claims promise to provide the expertise, service, technical knowledge and guidance our customers need to resolve their claim and continue working towards their goals.”

QBE Integrated Advantage for Financial Institutions is distributed through QBE’s preferred network of agents and brokers.