#United States #New York #commercial property #insurance solutions #QBE North America

QBE North America Unveils New Commercial Property Product

In a significant development for the insurance industry, QBE North America has officially introduced its latest offering: a customized Commercial Property product aimed at providing comprehensive coverage for large corporations across the United States. This new product is designed to accommodate the unique needs of various industries, providing flexible and robust insurance solutions meant to navigate today's complex risk landscape.

With a clear emphasis on customer service excellence, QBE's Commercial Property product features all-risks coverage on a shared and layered basis. This encompasses primary, quota-share, buffer, or excess positions, ensuring that clients receive the specific coverage required to safeguard their assets effectively. The launch is timely, as businesses face increasingly intricate risks every day, from natural disasters to cybersecurity threats.

Ashley Irwin, the head of Commercial Property at QBE North America, elaborated on the rationale behind the introduction of this new product. "QBE recognizes the intricate risk landscape large corporations encounter today. That's why we are focused on providing insurance solutions that cater to their specific needs while fostering enduring relationships that promote mutual long-term growth and stability," she stated. This reflects not only QBE's commitment to adaptability in their offerings but also their dedication to building long-lasting partnerships with their clients.

QBE's Commercial Property product is expressly designed to cater to a diverse array of industries. These include, but are not limited to:

• - Education Sector: Colleges and universities requiring extensive risk management solutions.
• - Financial Institutions: Banks and investment firms needing nuanced coverage for complex real estate assets.
• - Healthcare Facilities: Hospitals and clinics that demand comprehensive protection due to their operational complexities.
• - Hospitality Industry: Hotels and restaurants that require tailored solutions for physical premises and associated liabilities.
• - Gaming and Entertainment: Casinos and event venues needing robust insurance against a myriad of operational risks.
• - Manufacturing: Both light and heavy industry manufacturers facing unique operational hazards.
• - Retail Operations: Businesses ranging from e-commerce platforms to brick-and-mortar stores protecting their physical and digital assets.
• - Technology and Industrial Operations: Startups and established enterprises requiring specialized coverage for equipment and innovation risks.

The Commercial Property product leverages QBE's deep industry expertise and extensive network to deliver solutions that meet the unique requirements of their clients. QBE North America maintains a global perspective, being part of the QBE Insurance Group Limited, which reported gross written premiums of $7.3 billion in 2024. This underlines the company's position as a prominent leader in the insurance sector dedicated to solving unique risks for their customers.

For more detailed information about QBE's Commercial Property product and how it can benefit your business, you can visit the official QBE website.

In conclusion, the launch of the new Commercial Property product by QBE North America marks an essential step in the evolution of insurance solutions tailored to meet complex business needs. QBE's commitment to customer-focused solutions, combined with industry-leading expertise, offers businesses the opportunity to achieve greater stability and growth in an ever-evolving landscape. As companies continue to navigate the multifaceted challenges of today, QBE stands ready to partner with them on this journey, ensuring protection against uncertainties while fostering a future of growth and resilience.