QBE Canada creates multinational underwriting role

QBE Canada has appointed Caroline Fenn to a newly created role of multinational underwriting manager, reflecting its desire to attract clients needing multinational insurance placement solutions, the company announced Thursday.

QBE Insurance Group is a global international insurer and reinsurer that operates under a Lloyd’s underwriting licence and does business exclusively through partnerships with insurance brokers.

In her new Toronto-based role, Fenn will place or facilitate placement of multinational programs across QBE’s various underwriting teams and produce lines within the Canadian branch. She also will manage and oversee multinational placements across all lines of business where QBE Canada acts as the servicing office, the company said in a press release.

QBE opened its first Canadian office in 2010 in Toronto and it opened a Vancouver office in 2015. Its products cover a range of business risks from automobile fleet and cybersecurity to general liability and property.

Throughout her underwriting career, Fenn’s garnered experience placing challenging multinational risks, QBE said in its release.

Most recently, she was assistant vice president and executive underwriter at Liberty Mutual Canada. And, as vice president and underwriting manager for Aon Risk Solutions, she looked after specialty lines. Fenn started her insurance career in 2005 as an account manager at the Magnes Group.

“Caroline brings her expertise but also energy and enthusiasm which really bode well for our multinational ambitions,” commented Scott Pidduck, director of underwriting for QBE Canada.