NEW YORK, March 13, 2018 /PRNewswire/ -- QBE North America,
an integrated specialist insurer, is pleased to announce the
expansion of its multinational offering with QBE Global Connect℠, a
foreign casualty package comprised of General Liability, Excess
Auto and Foreign Voluntary Compensation coverage features.
As U.S. companies continue to expand internationally, this
offering highlights QBE's ability to offer seamless solutions
across business lines, while quickly innovating to meet the
emerging market needs of our partners and customers. QBE North
America launched its first multinational product, Directors and
Officers, in late 2016. QBE Global Connect℠ expands QBE's
multinational offerings into Casualty lines with a dedicated team
of underwriters, who will leverage their specialized expertise to
bring customized solutions to our customers.
"By connecting our strong Specialty Lines franchise with our
Property & Casualty expertise, we are creating a real
distinction within the market," said Russell Johnston, Chief Executive Officer, QBE
North America. "This is a perfect example of our ability to deliver
integrated products that meet the emerging needs of our target
customers on a worldwide basis."
QBE's multinational solution provides specialized insurance
designed to help reduce coverage gaps, and offers a wide variety of
global coverage options. As part of QBE Limited, one of the largest
carriers worldwide, QBE North America leverages a global network of
QBE offices and trusted partners, which extends to over 170
countries.
QBE North America's offerings are coordinated and delivered
through the QBE Multinational Client Center, which provides
regulatory, compliance and tax guidance while offering service
certainty on a global scale.
Richard Friesenhahn, Head of
Multinational, QBE North America continued, "While the barriers to
operating internationally are slowly evaporating, multinational
corporations face a variety of specialized risks. QBE's decades of
experience writing multinational insurance, combined with the
breadth and depth of our expertise, true global network and
Multinational Client Center enables us to deliver a comprehensive
and consistent experience for our customers, regardless of
location."
About QBE
QBE North America is part of QBE Insurance Group Limited, one of
the largest insurers and reinsurers worldwide. QBE NA reported
Gross Written Premiums in 2016 of $4.6
billion. QBE Insurance Group's 2016 results can be found at
www.qbena.com. Headquartered in Sydney,
Australia, QBE operates out of 36 countries around the
globe, with a presence in every key insurance market. The
North America division,
headquartered in New York,
conducts business through its property and casualty insurance
subsidiaries. The actual terms and coverage for all lines of
business are subject to the language of the policies as issued. QBE
insurance companies are rated "A" (Excellent) by A.M. Best and "A+"
by Standard & Poor's. Additional information can be found at
www.qbena.com, or by following QBE North America on Twitter.
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SOURCE QBE North America