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 function, Foley shall be liable for planning, directing and executing the technique for traces of enterprise together with center market, business casualty, employees’ compensation packages and business property packages. He’ll be 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 function,” Jones stated. “With a long time of expertise within the business insurance coverage market, he has confirmed his potential 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 crucial to our success, and we’ve little doubt Mike will assist take it to the following stage as we assist our prospects 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 a wide range of management roles at AIG, together with chief working officer for the packages division of Lexington Insurance coverage. Foley started his insurance coverage profession within the middle-market enterprise at The Hartford.
Foley’s promotion is the newest 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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