QBE shakes up trade credit leadership in Europe amid ‘turbulent’ market

Re/insurer  QBE has restructured its trade credit senior leadership in Europe with a host of new appointments to help navigate “turbulent” economic outlook.

Following the impending retirement of Ian Bocca at the end of March, Seb Rice has been appointed to the role of commercial head, trade credit. He was previously leading the new business underwriting team, trade credit for QBE in Europe, having joined QBE in 2013.

In his new role, Rice will lead the new business and retention strategy for trade credit as part of an ongoing growth focus for the portfolio.

Additionally, Dave Murray has been appointed head of new business for trade credit and Jamie Calder as head of risk underwriting.

Calder was previously jointly responsible with Murray for the risk underwriting team having joined QBE in 2015. In his new role, he will head up the trade credit risk underwriting team, responsible for credit risk appetite and strategy in supporting customers during a further period of economic instability.

Murray will have responsibility for new business generation, working closely with brokers to consider new opportunities for trade credit and has been with QBE since 2015.

Trevor Williams, head of trade credit and surety, QBE Europe, said: “Trade Credit Insurance has become an increasingly critical part of a business’s risk management as our customers navigate a turbulent economic outlook. Our new appointments will form the core of our trade credit team at QBE Europe, ensuring best in class service for our customers.”

He added: “I am pleased that we have been able to appoint these roles from within our existing team, which showcases the depth of talent we have at QBE. I would also like to thank Ian Bocca for the exceptional knowledge and experience he has brought to the position over the past 10 years and wish him all the best in his retirement.”