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 industrial casualty enterprise.
In his new position, Foley will probably be chargeable for planning, directing and executing the technique for strains of enterprise together with center market, industrial casualty, employees’ compensation packages and industrial 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 position,” Jones stated. “With many years of expertise within the industrial insurance coverage market, he has confirmed his potential as a pacesetter in constructing high-performance groups, delivering options for purchasers, and producing a top-quality ebook of enterprise. The industrial enterprise is essential to our success, and we’ve got 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 international 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 most recent appointment at QBE North America. Final month, the corporate named Rachel chief people officer and David Mulligan chief operating officer. In November, it appointed Laura Coppola as chief underwriting officer.
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