QBE Re names international product heads in New York and London

QBE Re has introduced the appointment of three new leaders to its crew, with Salvatore “Sal” Sama (pictured above, left) named the worldwide product head for casualty, Jane Farren (pictured above, center) as the worldwide head of economic skilled traces (FinPro), and Derek Durst (pictured above, proper) as the worldwide head of cyber. These appointments are set to take impact over the course of January.

Sama, based mostly in New York, brings over twenty years of economic companies expertise to his new position at QBE Re, together with a 10-year tenure at Swiss Re previous to his present appointment.

Farren, situated in New York, has been with QBE Re for almost three years. Her trade expertise contains roles at Aspen Insurance coverage Group and Swiss Re.

Durst started his profession at QBE Re in London in 2012, after spending 5 years with Aon.

Of their new roles, Sama, Farren, and Durst will likely be chargeable for the standard, governance, and oversight of underwriting for every product globally. They’ll collaborate carefully with Mark Jackaman, who assumed his position as common supervisor in London in September 2023.

“We’re happy to welcome Sal, Jane and Derek to those positions. These senior hires are reflective of our international ambition and want to deploy capability persistently all over the world. In so doing, we will ship sustainable progress and construct long-term partnerships with our prospects,” QBE Re managing director Chris Killourhy mentioned.

Killourhy additionally highlighted the significance of those appointments in sustaining underwriting self-discipline and offering constant propositions to brokers and cedants. He praised the interior promotion of those people as proof of the excessive caliber of underwriting expertise throughout the firm.

The intention, as said by Killourhy, is to domesticate a QBE Re that facilitates ease of doing enterprise and ensures constant expertise for shoppers globally by collaborative efforts throughout all places of work.

These appointments comply with different important hires at QBE Re in 2023, together with Andrew Guarnori, Ashish (Ash) Ahluwalia, and Mark Jackaman, who’ve been appointed to move of underwriting oversight, international head of efficiency and portfolio analytics, and common supervisor, London, respectively.

What are your ideas on this story? Please be at liberty to share your feedback beneath.