QBE Re has recently announced a series of senior leadership appointments as part of a strategic restructuring aimed at simplifying its leadership framework across three key markets—EMEA, International (Lloyd’s & Bermuda platforms), and North America—and three product areas: casualty, specialty, and property.
At the market leadership level, Abdallah Balbeisi has been named Executive Director for Europe, Middle East, and Africa (EMEA), with responsibility for QBE Re’s offices in Dubai, Brussels, and Dublin. Balbeisi, who joined QBE in 2020 from Aspen Re, brings over 25 years of industry experience, including previous leadership of the MEA region at Aspen. His appointment reflects QBE Re’s commitment to strengthening its presence and capabilities in this vital region. Mark Jackaman, formerly General Manager in London, has been appointed Executive Director of International markets, overseeing the Lloyd’s and Bermuda platforms. Jackaman has more than 27 years of industry experience, including 13 years with QBE Re, and previously led the casualty business in London. Salvatore Sama will lead the North American market as Executive Director; he brings over 20 years of financial services experience, including a decade at Swiss Re, and was previously responsible for QBE Re’s global casualty business.
Alongside these market roles, QBE Re has appointed Jane Farren as Executive Director, Global Casualty, effective from July. Farren, based in New York, has been with QBE Re for four years and previously led the Financial Professional Lines division. Shane Lawlor takes on the role of Executive Director, Global Specialty, which covers accident & health, life, marine & aviation, and specialty lines. Lawlor has been with QBE since 2015 and was formerly head of Specialty in London. Andy Richardson has been appointed Executive Director, Global Property. He joined QBE Re in 2023 from Aeolus Capital Management, bringing a background that includes senior underwriting roles at Lancashire Insurance and Guy Carpenter. Richardson also assumes the role of General Manager of Bermuda, managing the operations of that office.
These six product and market leadership roles, all reporting directly to Chris Killourhy, Managing Director of QBE Re, form the core of the company’s simplified underwriting leadership team. Recent complementary appointments include Jamie Cook as Chief Partnership Officer, Debbi Wood as Head of Claims, Andrew Guarnori as Head of Underwriting Oversight, and Ash Ahluwalia as Head of Performance & Portfolio Management. Together, this team is positioned to lead QBE Re’s global underwriting strategy, focusing on agility, consistency, and enhanced partnership with brokers and cedants.
Additionally, Tracey Gibbons has been appointed to the newly created role of Global Head of Strategic Development for QBE Re. Gibbons, formerly General Manager of Bermuda with over 40 years of industry experience, plays a pivotal role in shaping the company’s strategic initiatives. QBE Re maintains a comprehensive geographic footprint with offices in Bermuda, Bogota, Brussels, Dubai, Dublin, London, and New York, plus a presence in Japan, Argentina, and across the US.
In parallel, Liberty Global Transaction Solutions (Liberty GTS), part of Liberty Mutual Insurance, has announced leadership changes in its EMEA region. Nick Lunn has been appointed Head of the UK, Central Eastern Europe, the Middle East, and Africa, while Barbara Magni is appointed Head of Southern Europe. Both will report to Markus Messinger, Head of EMEA. Lunn joined Liberty GTS in 2020 after extensive experience in M&A transactional risks and underwriting, as well as legal qualifications and practice in M&A law. Magni, a dual-qualified M&A lawyer, has been with Liberty GTS and its subsidiary Ironshore since 2016, focusing on Southern Europe. She continues to be based in Milan.
Liberty GTS operates one of the largest global M&A insurance teams with over 90 specialists, facilitating more than 1,500 M&A deals annually. The company provides specialised insurance products and services that support M&A transactions, including representations & warranties (R&W) and warranty & indemnity (W&I) insurance, along with tax liability insurance.
These leadership moves at QBE Re and Liberty GTS underscore a broader industry trend of reinforcing specialised capabilities and streamlining operations to better serve increasingly complex international insurance and reinsurance markets.
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Source: Noah Wire Services