The North American section of world insurer QBE has announced that Michael Foley has been promoted to nan position of President for its Commercial Insurance division.
Foley astir precocious served arsenic nan Chief Underwriting Officer for QBE’s Commercial Casualty business.
In his caller role, Foley will subordinate QBE North America’s Executive Management Board and study to Todd Jones, QBE North America Chief Executive Officer.
He will beryllium responsible for readying and directing lines of business including Middle Market, Commercial Casualty, Workers’ Comp Programs and Commercial Property Programs.
“We’re excited to person Mike measurement up to this caller role,” said Jones. “With decades of acquisition successful nan commercialized security market, he has proven his expertise arsenic a leader successful building precocious capacity teams, delivering solutions for customers, and generating a top-quality book of business.”
“The Commercial business is captious to our success, and we person nary uncertainty Mike will thief return it to nan adjacent level arsenic we thief our customers build a much resilient future.”
Before joining QBE successful April 2022, Foley astir precocious served arsenic nan Global Chief Underwriting Officer for Casualty and Healthcare astatine Berkshire Hathaway Specialty Insurance (BHSI).
Before BHSI, he served successful a assortment of activity roles astatine AIG, including Chief Operating Officer for nan Programs Division of Lexington Insurance, and started his security profession successful nan mediate marketplace business astatine The Hartford.