QBE appoints Walter Grote SVP, Commercial Lines P&C

Monday, October 05, 2015

New York, NY – QBE North America has welcomed another well established industry executive to its leadership team, with Walter Grote joining the company as SVP, Commercial P&C on Friday October 2.

In this national role, Walter is responsible for leading QBE's commercial lines insurance business which includes small business to middle market segments, and delivering client-focused products and services that are consistent with QBE's strategy of being a leading specialist insurance and reinsurance company. 

Walter began his career at Travelers where he spent 25 years in a range of commercial insurance roles including VP Business Insurance, and Chief Underwriting Officer and Chief Operating Officer for Middle Market and Commercial Accounts.  He brings a proven track record of delivering profitable growth, underwriting excellence, transformational change and a deep commitment to fostering and developing industry partnerships. Walter joins QBE from Allianz Global Corporate & Specialty where he was SVP and Zone Leader for the Midwest.

Commenting on the new appointment, QBE North America CEO Dave Duclos said, "Walter is another great example of our commitment to bringing high caliber talent to QBE North America. I am delighted to have someone with his deep industry knowledge and transformational experience leading our Commercial Insurance P&C operations as we work to build a top performing business."

Walter holds a Bachelor of Science in Finance and Marketing from the University of Richmond, and is based in the Chicago office.

For additional information, contact: Daniella Stenhouse, Lead Communications Partner: daniella.stenhouse@us.qbe.com or 212-805-9766

About QBE

QBE North America is part of QBE Insurance Group Limited, one of the largest insurers and reinsurers worldwide. QBE NA reported Gross Written Premiums in 2014 of $5.3 billion. QBE Insurance Group's 2014 results can be found at www.qbena.com. Headquartered in Sydney, Australia, QBE operates out of 38 countries around the globe, with a presence in every key insurance market. The North America division, headquartered in New York, conducts business through its property and casualty insurance subsidiaries. QBE insurance companies are rated "A" (Excellent) by A.M. Best and "A+" by Standard & Poor's.