QBE North America names new transactional liability & financial institutions leaders

Specialist insurer QBE North America has appointed Toria Lessman and Stacey Meade as new heads of transactional liability and financial institutions businesses, respectively.

Lessman joined QBE in 2011, where she led the company's policy regulatory and compliance practice. In 2014, she was promoted and primarily focused on new product development across QBE North America's transactional liability practice. Prior to joining QBE, Lessman worked as a regulatory and compliance attorney with the law firm Tressler.

In her new role as the profit centre leader, Meade will oversee QBE's financial institutions underwriting strategy and results for all specialty and property and casualty products for financial institution customers.

Meade most recently served as vice president, underwriting leader, financial institutions at QBE. Prior to joining QBE in 2013, she spent 17 years at Chubb in a variety of leadership roles, including responsibility for the management of the financial institutions team in the Midwest, as well as banking, asset management and insurance company sectors.

"Toria is recognized nationally as a leading expert in the Transactional Liability underwriting, producer and legal communities that support the M&A marketplace. Navigating the complexity and unique risks of our policyholders and producers in the rapidly evolving M&A market requires applied expertise and trusted partnership," said Jeff Grange, president, specialty and commercial insurance, QBE North America.

Grange added: "Stacey is uniquely qualified as both an underwriter and leader and I am delighted that she will lead our efforts in the financial institutions sector."

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