QBE North America has announced the promotion of Michael Foley (pictured above) to President of Commercial Insurance. Foley previously served as director of underwriting for QBE’s commercial casualty business.
In his new role, Foley will be responsible for planning, directing and executing strategy for lines of business, including middle market, commercial casualty, workers’ compensation and commercial property programs. He will join the QBE North America Executive Board and will report to Todd Jones, CEO of QBE North America.
“We are excited for Mike to take on this new role,” Jones said. “With decades of experience in the commercial insurance market, he has demonstrated his ability as a leader in building high-performance teams, delivering solutions for clients, and building a high-quality business portfolio. The commercial business is critical to our success, and we have no doubt that Mike will help take it to the next level as we help our customers build a more resilient future.”
Read below: QBE reports full-year financial results
Prior to joining QBE in April 2022, Foley served as Global Director of Accident and Healthcare Underwriting at Berkshire Hathaway Specialty Insurance. He has also held a variety of leadership roles at AIG, including director of operations for Lexington Insurance’s program division. Foley began his insurance career in the mid-market business at The Hartford.
Foley’s promotion is the latest appointment at QBE North America. Last month, the company named Rachel chief people officer and David Mulligan chief operating officer. In November, he named Laura Coppola as director of underwriting.
Do you have something to say about this story? Let us know in the comments below.
