QBE Europe’s Post

🏆 Can you help your Broking firm get recognised for their Diversity and Inclusion strategy? Have you got a great Diversity story to tell from your Brokerage? The Insurance Age UK Broker Awards returns on 10 October, during UK Broker Week, to celebrate the very best that the profession has to offer. We want your nominations for the best Broker firms out there! ❗ SHARE THIS POST WITH RELEVANT COLLEAGUES FROM YOUR BROKING FIRM! We are looking for Broking firms of all sizes to be nominated for the Diversity & Inclusion Award, which is sponsored once again this year by iCAN: The Insurance Cultural Awareness Network. This award is open to any FCA-regulated general insurance broker or independent intermediary operating in the UK general insurance market. This award is designed to recognise investment and support of the diversity and inclusion agenda – in its many guises - by a broker business. The judges will be looking for a broker that can demonstrate a combination of one or all of the following: 🥇 How it boosted D&I within the business with clear and measurable objectives 🥇 How they have fully embraced the principles of D&I within their operation/s 🥇 How the D&I strategy has played an integral role within the business, contributing to its success 🥇 A clear statement of how any D&I initiative is aligned with the company or organisation's strategic and business goals 🥇 The winner will be automatically considered for the overall Insurance Broker of the Year Award 📙 Nominate here right now for your firm - https://lnkd.in/evM_NJDh 📅 ENTRIES CLOSE 14 JUNE Shona Fuller / Hannah Craig / Georgie Mailer-Wilkin / Jonathan Swift / Chris Finnegan / Chris Wade #ukbrokerawards #rolemodel #leadership #dei #insurancebroker #diversityandinclusion

Discover the transformative journey of Julijana Sumner, AXA XL's Chief Claims Officer for APAC and Europe. From private practice to the insurance industry, she shares her refreshing perspective on the claims sector. Read more about her inspiring career path. https://hubs.la/Q02qf36v0 #InsuranceIndustry #ClaimsSector #CareerJourney #Insurance #RiskManagement

This week's news about Mereo Insurance's anticipated growth brought back a powerful lesson I learned observing Brian Duperreault's leadership from my vantage point working at Marsh, when he served as CEO. Sometime in / around 2009/2010, Mr. Duperreault implemented a straightforward yet impactful commission plan. It was a simple concept: Marsh would reward any individuals responsible for new business with a 10% commission on the revenue generated from the placements. While this might seem modest compared to more lucrative schemes, it stood out to me as a masterclass in aligning every team member with the company's core objective of growth. The actual data on the initiative's success eludes me, but the internal buzz it created at the time was unmistakable and, I believe, one of the ways he helped turn Marsh's fortunes around. It was a strategy that motivated everyone, from administrative staff to the mailroom, to engage in business development. Although the initiative was phased out after Mr. Duperreault's departure, leading to a perceived dip in production, its legacy of fostering a unified drive towards business growth remains a valuable lesson to me all these years later. Best of luck to Mr. Duperreault and Mereo! LION Specialty #industrylegends #leadershiplessons #insurance #growthmindset

QBE Insurance's (ASX: QBE) first-half 2024 results reveal a mixed bag of outcomes. The big question: Can their ongoing efforts in North America turn things around? With a combined operating ratio (COR) of 97.5% in North America, the pressure is on. But QBE isn't standing still. Restructuring efforts are underway, and the company is aiming for significant improvements by FY26. Could this be the turning point? Meanwhile, their International and Australia-Pacific divisions are shining, helping to offset the North American struggles. As QBE fine-tunes its strategy, particularly in the challenging North American market, is the company poised for a long-term rebound? With an attractive valuation and a plan in motion, the potential for growth is there. Do you think QBE’s turnaround efforts will pay off?    #montinvest #QBEinsuranve #reportingseason  https://bit.ly/3WM4kVU 

Two of the more egregious ways IAG haven't fostered a safer world for me: 1. Forcing unhappy customers to stay with them. It's a perverse outcome that after 18 months of no action, it's not possible to switch home insurance because no other provider will take you on until your home is repaired. I'd encourage anyone concerned about unethical business practices to make a submission to the government inquiry into insurance response, I will be. Link below. 2. Refusing to acknowledge or look into specific complaints about the contractors they assign to cases. I informed IAG, and demonstrated with email evidence, their assigned repairer was failing simple tasks and lying to me and IAG about progress. I also informed them one of their subcontractors threatened me with spurious legal action after I requested file notes. Their response, "NRMA are comfortable with their performance". No investigation or acknowledgement of specific problems. Just a brush off. These aren't gripes, they're direct breaches of the code of practice and obvious unprofessional and unethical conduct. Appalling. https://lnkd.in/giTftE8W

Queen City [Insurance] Royalty! Check out YRP - Young Risk Professionals of Charlotte's Board of Directors, and click the follow button to keep all the Charlotte, NC news flowing your way. 👑 #youngriskprofessionals #insuranceindustry #charlotte #rmi

A great opportunity to develop your staff not only inside, but outside your organization. The more you invest in your staff, the more you will retain them. Top performers and up-and-comers alike need continuous support and development. #YBC24 #OntarioBrokers #Leadership #Conference

With the Managing General Agents’ Association (MGAA) 2024 Conference having taken place yesterday, our Director, Kajal Pankhania, spoke to Business Insurance ahead of the event, to discuss the need to bridge the talent gap in the insurance industry. Along with her role at DA Strategy, Kaj is also Chair for the MGAA Next Gen Committee, and hosted a panel discussion at the annual conference yesterday in London. In this article, Kaj discusses how mentoring can help young talent in the industry, what the future of the industry looks like and why innovation is, and will always remain, the key to progression. Read the full article in Insurance Business here: https://lnkd.in/dvz-3mfZ #MGA #Insurance #Talent

Our second ‘Why QBE’ pillar: the right size for you. We are the down to earth international insurer that’s neither too big nor small so you can make a real impact. A second statement that truly describes what it is like working at QBE. #QBELetsMakeItHappen #QBEInsurance #insurance #insurancejobs #insurancecareers

I chose BBSI due to the magic of partnership. We truly valued our insurance & industry partners. Our sales leadership is focused on growth with these key relationships creating a business eco-system in our communities. When I joined BBSI years ago - I heard story after story of terrible take aways, poor communication, broken promises, changes in management/leadership, story after story of broken trust. It was refreshing and welcomed to hear of BBSI's long partnerships. Partnerships where our referral partners are truly our clients. Your clients may not tell you when a #PEO approaches them, and many already have. Protect your book and clients by talking to them about their options, have a partner, have a PEO solution that is truly a product you can offer and be proud of. Our people are our product - once you meet us, we will show you the value to your clients. We will make you proud of this partnership. #businesspartnerships #BBSI #Partners #Growth #BusinessEcoSystem #Community