QBE expands Lloyd's offering in Canada

QBE is opening an office in Toronto to enhance the business it writes through Lloyd’s for the Canadian commercial insurance market.

The Toronto team will led by general manager David Edgar and will develop new business from the Canadian market, which will continue to be underwritten through Lloyd’s.

Currently, QBE provides a range of commercial insurance products to the Canadian market, including: general liability; professional liability; financial lines; marine, marine energy & inland marine; construction all risks; aviation; kidnap & ransom; political risks & terrorism; bloodstock & livestock.

QBE said itis also looking to expand its offering to the Canadian insurance market and, particularly, to increase its SME E&O business.

Ash Bathia, managing director casualty and motor, QBE European Operations, said “As a specialist business insurer, our focus is always on delivering solutions that meet the exact needs of our clients and their brokers.

"Continuing to write this business through Lloyd’s, we will provide our Canadian partners and clients with the same underwriting excellence, but with a high quality local service for added support and flexibility.”

David Edgar said “This development means that the Canadian insurance market will have easy access to the on-hand business development resources and claims support that a local office can more efficiently deliver, while receiving the expertise, innovation and financial security associated with a Lloyd’s solution.”