QBE North America has announced the promotion of Michael Foley (pictured above) to president of commercial insurance. Foley previously served as chief underwriting officer for QBE’s commercial casualty business.
In his new role, Foley will be responsible for planning, directing and executing the strategy for lines of business including middle market, commercial casualty, workers’ compensation programs and commercial property programs. He will join QBE North America’s executive management board and will report to Todd Jones, CEO of QBE North America.
“We’re excited to have Mike step up to this new role,” Jones said. “With decades of experience in the commercial insurance market, he has proven his ability as a leader in building high-performance teams, delivering solutions for customers, and generating a top-quality book of business. The commercial business is critical to our success, and we have no doubt Mike will help take it to the next level as we help our customers build a more resilient future.”
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Prior to joining QBE in April 2022, Foley served as global chief underwriting officer for casualty and healthcare at Berkshire Hathaway Specialty Insurance. He has also held a variety of leadership roles at AIG, including chief operating officer for the programs division of Lexington Insurance. Foley began his insurance career in the middle-market business at The Hartford.
Foley’s promotion is the latest appointment at QBE North America. Last month, the company named Rachel chief people officer and David Mulligan chief operating officer. In November, it appointed Laura Coppola as chief underwriting officer.
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