QBE North America names new D&O leader

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Aug 23, 2013, 11:00 ET

NEW YORK, Aug. 23, 2013 /PRNewswire/ -- Jeffrey S. Grange has been appointed Head of Management Liability & Professional Lines for QBE North America. Grange, with more than 25 years experience in the management liability and professional lines underwriting areas, will assume his new role Sept. 4.

According to QBE North America Chief Executive Officer David Duclos, Grange will play a critical role as the company looks to establish and launch a management liability line, also known as Directors & Officers (D&O) coverage. "Given today's challenging business environment, D&O liability programs for private and public companies are business-critical components of any insurance buyer's risk management program," he said. "Jeff is a well-known and recognized leader in the D&O area and we're pleased to have him on our executive team."

Grange joins QBE from the Torus Group, where he served as the Chairman of the Torus' Group Underwriting Committee, managing the insurance risk of the company, and was the Global Practice Leader for Management Liability and Professional Lines.

Prior to joining Torus in 2010, Grange spent his entire career with Chubb Group, joining the organization in 1990 as an underwriting trainee. From 1990 to 1998, he moved through a variety of underwriting roles of increasing responsibility.

From 1998 to 2010, Grange oversaw a wide range of Chubb's professional liability products and businesses, many on a worldwide basis. He was elected a vice president of Chubb in 1999 and a senior vice president in 2002.

Grange earned bachelor's degrees in human physiology and political science from McGill University in Montreal.

QBE's North America operations are part of QBE Insurance Group Limited, one of the top 20 insurers and reinsurers worldwide. QBE Insurance Group's 2012 results can also be found at www.qbena.com. Headquartered in Sydney, Australia, QBE operates out of 48 countries around the globe, with a presence in every key insurance market. The North America operation, headquartered in New York, conducts business through various property and casualty insurance subsidiaries. QBE insurance companies are rated "A" (Excellent) by A.M. Best and "A+" by Standard & Poor's.

SOURCE QBE North America