QBE North America Launches New Commercial Property Product

Rhea-AI Summary

QBE North America has unveiled its new Commercial Property product on April 28, 2025, offering comprehensive coverage solutions for large companies across the United States. The product provides all-risks coverage on a shared and layered basis, including primary, quota-share, buffer or excess positions.

Led by Ashley Irwin, head of Commercial Property, the new offering targets multiple sectors including

• education and financial institutions
• healthcare and hospitality
• gaming and industrial operations
• light manufacturing and mixed real estate
• municipalities, offices, and retail
• technology and wholesale operations

The initiative aims to address the complex risk landscape facing large corporations while focusing on building lasting relationships for long-term growth and stability.

News Market Reaction

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-0.36% News Effect

On the day this news was published, QBIEY declined 0.36%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, April 28, 2025 /PRNewswire/ -- QBE North America today announced the launch of its new Commercial Property product, providing custom solutions for comprehensive coverage to large companies across the United States.

Combining deep, industry-leading expertise with a commitment to customer service excellence, the new Commercial Property product offers all-risks coverage on a shared and layered basis, including primary, quota-share, buffer or excess positions.

"QBE recognizes the complex risk landscape facing large corporations today," said Ashley Irwin, head of Commercial Property at QBE North America. "That is why we are focused on offering insurance solutions tailored to their specific needs while building lasting relationships that support mutual, long-term growth and stability."

The Commercial Property product is designed to serve a broad range of industries, including education, financial institutions, healthcare, hospitality, gaming, industrial, light manufacturing, mixed real estate, municipalities, offices, retail, technology and wholesale/industrial operations.

More information about QBE's Commercial Property product is available at qbe.com/us/commercial-property

About QBE North America
QBE North America is a global insurance leader helping customers solve unique risks, so they can stay focused on their future. Part of QBE Insurance Group Limited, QBE North America reported Gross Written Premiums in 2024 of $7.3 billion. QBE Insurance Group's results can be found at qbe.com. Headquartered in Sydney, Australia, QBE operates out of 26 countries around the globe, with a presence in every key insurance market. The North America division, headquartered in New York, conducts business primarily through its insurance company subsidiaries. The actual terms and conditions of any insurance coverage are subject to the language of the policies as issued. Additional information can be found at qbe.com/us or follow QBE North America on LinkedIn, Facebook and Instagram.

FAQ

What industries does QBE's new Commercial Property product (QBIEY) cover in 2025?

QBE's Commercial Property product covers 12 major industries including education, financial institutions, healthcare, hospitality, gaming, industrial, light manufacturing, mixed real estate, municipalities, offices, retail, technology and wholesale operations.

What types of coverage does QBE's new Commercial Property insurance include?

The product offers all-risks coverage on a shared and layered basis, including primary, quota-share, buffer or excess positions for large companies.

When did QBE North America launch its new Commercial Property product?

QBE North America launched its new Commercial Property product on April 28, 2025.

Who leads QBE's Commercial Property division for the new product launch?

Ashley Irwin serves as the head of Commercial Property at QBE North America, leading the new product launch.

Where can investors find more information about QBE's new Commercial Property product (QBIEY)?

More information about QBE's Commercial Property product is available at qbe.com/us/commercial-property