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."
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