Thursday, October 23, 2014
New York, NY—QBE North America has announced the appointment of William Kronenberg III to its Board of Directors.
With nearly 40 years of experience in the insurance industry, Kronenberg is well suited to assist in enhancing QBE’s North America results.
“We’re proud to have someone of Bill’s caliber join the Board. We look forward to drawing on his keen understanding of the Property & Casualty market, leadership experience in a global insurance organization, and extensive knowledge of the Specialty and Program business models in the US as we continue to transform QBE North America,” says Dave Duclos, President and CEO.
Kronenberg currently serves as the principal owner of Fresh Start Development Co., LLC and is a director of Glatfelter Insurance Group. Previously, Kronenberg served as CEO and principal owner of Professional Underwriters, a program administrator specializing in the Public Entity market segment that was acquired by Glatfelter Insurance Group in 2008. From 1999 to 2002, Kronenberg served as CEO of XL Environmental, Inc. (formerly ESCS) and as a Director of XL America, Inc. Until its acquisition in 1999 by XL Capital, Kronenberg served as owner, CEO and President of ECS, Inc. a company specializing in integrated environmental risk management solutions. Kronenberg’s early insurance career began with AIG, including several casualty-oriented underwriting positions, concluding as the officer in charge of AIG’s program unit.
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 2013 of $5.855 billion. QBE Insurance Group’s 2013 results can be found at qbena.com. Headquartered in Sydney, Australia, QBE operates out of 43 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