QBE sharpens focus on financial lines in Europe

Global re/insurer QBE said its ongoing strategy is to focus on financial lines practice across Europe and the UK, as it revealed new product managers for cyber, management liability and financial institutions.

Simon Højmark has been appointed Europe product manager for cyber and Patrick Seul has been named Europe product manager for management liability and financial institutions.

Both will report to Naintara Agarwal, director of underwriting and portfolio management for Europe.

Based in Copenhagen, Denmark, Højmark joined QBE 13 years ago as finance controller before becoming assistant underwriter and then underwriter for casualty and financial lines. In 2015, he launched QBE’s cyber offering in the Nordic region and in 2020, he took up the position of financial lines portfolio manager for the Nordic region. In addition to this, Højmark has served as cyber subject matter expert for Continental Europe and as European technical manager for cyber. 

Seul has 14-years of experience in insurance. His first role was as a directors and officers (D&O) liability underwriter with Allianz Global Corporate & Specialty in Munich, Germany. He then moved to Aon, as a D&O broker and eventually advanced to broking manager for South Germany. He then joined AIG, overseeing D&O commercial/crime for Germany, Austria and Switzerland. Seul joined QBE in 2019 and was most recently portfolio manager financial & specialty markets for Germany and Austria.

Agarwal said: “Our ongoing strategy is to focus on our Financial Lines practice across the Continent and the UK, ensuring that our clients have a comprehensive suite of products and receive the excellent service they have come to expect from us. With Simon and Patrick on my team, our commitment to that endeavour is strong.”

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