QBE Re names world product heads in New York and London

QBE Re has introduced the appointment of three new leaders to its staff, 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, primarily based in New York, brings over 20 years of economic companies expertise to his new function at QBE Re, together with a 10-year tenure at Swiss Re previous to his present appointment.

Farren, positioned 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 shall be liable for the standard, governance, and oversight of underwriting for every product globally. They’ll collaborate intently with Mark Jackaman, who assumed his function 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 world ambition and need to deploy capability persistently world wide. In so doing, we will ship sustainable progress and construct long-term partnerships with our clients,” 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 inside the firm.

The goal, as acknowledged by Killourhy, is to domesticate a QBE Re that facilitates ease of doing enterprise and ensures constant expertise for shoppers globally by means of collaborative efforts throughout all workplaces.

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 go of underwriting oversight, world head of efficiency and portfolio analytics, and common supervisor, London, respectively.

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