QBE North America has introduced the promotion of Michael Foley (pictured above) to president of business insurance coverage. Foley beforehand served as chief underwriting officer for QBE’s industrial casualty enterprise.
In his new function, Foley will likely be chargeable for planning, directing and executing the technique for traces of enterprise together with center market, industrial casualty, staff’ compensation applications and industrial property applications. He’ll be a part of QBE North America’s government administration board and can report back to Todd Jones, CEO of QBE North America.
“We’re excited to have Mike step as much as this new function,” Jones mentioned. “With a long time of expertise within the industrial insurance coverage market, he has confirmed his potential as a frontrunner in constructing high-performance groups, delivering options for patrons, and producing a top-quality e book of enterprise. The industrial enterprise is vital to our success, and we now have little question Mike will assist take it to the following degree as we assist our prospects construct a extra resilient future.”
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Previous to becoming a member of QBE in April 2022, Foley served as world chief underwriting officer for casualty and healthcare at Berkshire Hathaway Specialty Insurance coverage. He has additionally held a wide range of management roles at AIG, together with chief working officer for the applications division of Lexington Insurance coverage. Foley started his insurance coverage profession within the middle-market enterprise at The Hartford.
Foley’s promotion is the most recent appointment at QBE North America. Final month, the corporate named Rachel chief people officer and David Mulligan chief operating officer. In November, it appointed Laura Coppola as chief underwriting officer.
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