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QBE
QBE Insurance Group is Standard & Poor’s ‘A+’ rated and is one of the world's leading international insurers and reinsurers, headquartered in Sydney, Australia. We operate out of 45 countries across the globe, with a presence in all key insurance markets, and are lead underwriters within our chosen markets, setting rates and conditions.
For the year ended 31 December 2008, the company underwrote gross written premium totaling £6,025 million and held shareholders’ funds of £5,364 million.
QBE European Operations
QBE’s European Operations, which accounts for almost 40% of QBE Group turnover, is a leading specialist in London market and European commercial lines business. Active in both the Lloyd’s and company market, QBE offers considerable diversity to the broking community, via eight product-focused underwriting divisions – casualty, QBE Re Europe, property, motor, marine & energy, specialty, aviation – all operations have the ability to write on both Lloyd’s and company market paper.
In addition to the London market, QBE operates from seven UK-regional centres and has a presence in 15 European countries.
Our Approach
QBE is known throughout the market for its healthy appetite for risk and willingness to work flexibly in partnership with brokers. From policy inception to claims settlement, the QBE approach is to use its market expertise to understand the needs of the individual client. Then it tailors its solutions to fit those needs.
QBE does not believe that one size fits all or that it should follow what other insurers do, which means it is always willing to take a view on specialist risks.
Our vision
To be internationally recognized as:
- a highly successful general insurance and reinsurance group;
- a builder of shareholders' wealth;
- a developer of "can do" people; and
- an organization that excels in the continuous delivery of new and proven quality products and services.
Our values
- increasing the long-term wealth of shareholders;
- customer satisfaction and retention;
- employee motivation; and
- Integrity.
QBE has operated in the Bulgarian insurance market since 1999, when it established a branch of its London based QBE Insurance (Europe) Limited. The company writes direct and reinsurance business, utilizing the financial strength of QBE Insurance Group to offer the highest security to the local market.
Through its head office in Sofia and agencies in Sofia, Plovdiv, Varna and Bourgas, our team in Bulgaria work closely with brokers, agents and specialised distribution channels to deliver a wide range of non-life insurance solutions to private and corporate clients.
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