Management changes reflect integration of the casualty syndicate
Following the creation of its integrated casualty division in May 2007, QBE announces senior changes designed to underpin the next phase of the division’s development.
Under the move, Ash Bathia has become managing director of the division with responsibility for continuing to direct and build the division’s wide portfolio of expertise, as well as "its position as a market leader and its track record of profitable growth". The senior management team of the division will report directly to Bathia.
David Constable, active underwriter of casualty Syndicate 386 and recently elected member of the LMA board, has been appointed to chair the division’s executive committee and in addition has been appointed as director of underwriting and operations.
In his role as director, David will be responsible for overseeing the casualty division’s relationships with other underwriting areas of QBE European Operations and for maintaining and developing key relationships between brokers, clients and QBE.
“These are challenging times and to make headway in current market conditions insurers need to be dynamic, adaptable and innovative. These characteristics form the back bone of the casualty division, as our recent six-year deal with Network Rail demonstrates, and we will continue to build on our strengths to further secure our position at the forefront of the industry,” said Ash Bathia.
David Constable said: “The casualty division is ahead of the game in terms of delivering truly innovative solutions and my focus will be on the continued development of strategic partnerships with our key brokers and clients as well as ensuring the division is linked in with all of QBE’s underwriting divisions.”
Steven Burns, CEO of QBE Europe, said: “Ash and David have been invaluable to the successful integration of the casualty teams of DA Constable Syndicate 386 and QBE Insurance (Europe) Limited delivering a combined business with market-leading capability and performance. With their unmatchable market credentials and commitment to QBE’s underwriting-led culture, together they will steer the division towards further profitable growth and diversification.”