A former AXA XL executive joined QBE Insurance in a major leadership role.
Jason Harris will have the title of chief executive officer, International Division, which includes European Operations. He will succeed Richard Pryce, who will retire from QBE during Q1 2021 in a plan first announced in April.
For now, Harris will work alongside Pryce to ensure an orderly transition into the full role as soon as possible, subject to the usual regulatory approvals, the company said.
Harris joins QBE from AXA XL where he held the position of chief executive, Global Property and Casualty, with responsibility for financial lines, construction, engineering, ART and risk engineering. Before that, he was the chief executive for International Property and Casualty at XL in the UK with responsibility for the property and liability business outside of North America. He previously worked at AIG/Chartis Insurance, holding several senior roles including executive director, Commercial Lines.
Harris “is known for his leadership qualities and passion for building collaborative workplaces, which combined with his technical expertise will ensure the continued success of our International Division. I am proud of what we have achieved, and I am confident I am leaving the business in good hands,” Pryce said in prepared remarks.
Source: Carrier Management
Arbol Raises US$60 Million to Expand Climate Risk Solutions and Insurance Portfolio
Arbol, a climate risk solutions provider with a global footprint across more than 15 countries, has announced the successful closure of a $60 million Series B funding round.
Dubai’s US$850 Million Flood Losses Spur Urgent Call for Major Changes
As dramatic footage of Dubai’s storms unfolded earlier this month, it was clear that this was no ordinary weather event.
AEGIS London and Kayna Collaborate to Enhance Online Quote and Bind Platform
AEGIS London has announced a partnership with InsurTech firm Kayna to enhance its online quote and bind platform, Opal Underwriting.
CLARA Analytics and Origami Risk Form Partnership to Accelerate AI Adoption
CLARA Analytics, a provider of AI technology for insurance claims optimisation, has expanded its partnership with Origami Risk, a risk, safety, and insurance SaaS provider.
Wakam Expands to UK Market With FCA and PRA Approvals
French insurtech Wakam, a leading white label, digital B2B2C insurer, has gained approval from the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) to establish its new subsidiary, Wakam UK Limited.
Progressive Insurance to Hire Over 10,000 for Roles Across the US in 2024
Progressive Insurance announced plans to recruit thousands of job seekers nationwide in 2024 to support its sustained year-over-year growth.