QBE North America Announces New Agreement with Public Risk Underwriters of Texas; Delivering Professional and Employment Practices Liability Insurance for Public Entities and Educational Institutions

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Mar 17, 2016, 11:30 ET

NEW YORK, March 17, 2016 /PRNewswire/ -- QBE North America today announced a strategic program alliance with Public Risk Underwriters of Texas, delivering Public Entity Professional Liability solutions for educators, public officials and law enforcement agencies.

This coverage will be provided through QBE North America's A.M. Best "A" rated insurance companies on both an admitted and non-admitted basis, and has been specifically designed for public officials, educators, public and private K-12, charter schools, and law enforcement agencies including municipalities, townships, port authorities, and a variety of law enforcement entities.

"QBE North America's partnership with Public Risk Underwriters of Texas is a continuation of our strategy to broaden our appetite for Professional Liability coverage, working with an established and experienced industry leader in the management of Legal Liability exposures for public entities. We are pleased to bring our innovative solutions to this sector and expand our business," said Donald Allard, Senior Vice President, Specialty Programs, QBE North America.

"Our relationship with QBE North America's Specialty Lines business provides us with new opportunities to expand our leading Public Official, Educators and Law Enforcement Liability programs. Now, our agents and their clients in the public and non-profit sectors, can take advantage of having their specialized insurance coverage programs underwritten by one of the world's most highly regarded and financially sound insurance organizations," said Mark Dillard, Vice President, Public Risk Underwriters of Texas.

Public Risk Underwriters of Texas has been an industry leader in the management of Professional Liability coverage for public entities and non-profit educational institutions in all states since 2005.

The Specialty Programs unit is a part of QBE Specialty. QBE Specialty underwrites risks and provides exemplary coverage and services to support the specialized needs of customers across a wide variety of segments and industry sectors.

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 2015 of $4.6 billion. QBE Insurance Group's 2015 results can be found at www.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. Additional information can be found at www.qbena.com, or follow QBE North America on Twitter.

SOURCE QBE North America