QBE Insurance Group Limited · Sydney Australia ·(Australian: QBE)
Company Description
Phone: +61-2-9375-4444
Fax: +61-2-9235-3166
Rankings
- ASX All Australian 50
- #379 in FT Global 500
View QBE Insurance Group Limited Locations On A US Map
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This link will open in a new window QBE Insurance Group may be one of Australia's leading insurers, but it also has a hefty global reach. The company offers a variety of general insurance and reinsurance through offices in some 45 countries. QBE provides general property/casualty policies, as well as liability, auto, marine, aviation, energy, accident, workers' compensation, and professional indemnity coverage. The company writes both individual and commercial insurance policies and also administers reinsurance coverage. Its products are sold through direct and independent representative agencies. QBE Insurance Group earns about three-fourths of its revenue outside of Australia. To read the full description, subscribe now.
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Key QBE Insurance Group Limited Financials
| Company Type | Public - Australian: QBE Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $8,567.3 |
| Employees | 13,000 |
QBE Insurance Group Limited Executives
30 executives listed for QBE Insurance Group Limited's Sydney, location.
| Title | Name & Bio | Contact |
| Chairman | E. John Cloney | Network |
| CEO and Director | Frank O'Halloran | Network |
| COO | Vince McLenaghan | Network |
Competition
Competitive Landscape for QBE Insurance Group Limited
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top QBE Insurance Group Limited Competitors
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