NU Online News Service, Aug. 3, 2:47 p.m.EDT
|The Americas Division of Australian insurer/reinsurer QBEannounced the appointment of Stephen Fitzpatrick as president ofQBE Specialty Insurance, replacing Susan Rivera, who resigned inJune.
|Mr. Fitzpatrick previously served as senior vice president andmanager for the firm's special lines and affinity group business,the company said.
|As vice president Mr. Fitzpatrick oversaw QBE Specialty'scustomized program business for specific industry groups anddirected operations in Itasca, Ill.; Jacksonville, Fla.; KansasCity, Kan.; Nashville, Tenn.; and Southfield, Mich.
|QBE Specialty Insurance is the largest business unit within theAmericas Division, contributing more than $1.5 billion of grosswritten premium in 2008.
|The specialty unit includes the underwriting programs of QBE andthe former Praetorian Financial Group and North Pointe InsuranceCompany and writes in all 50 states.
|Mr. Fitzpatrick has 33 years of industry experience, includingsix years with the Insurance Corporation of Hannover, the parentcompany of Praetorian, which QBE acquired in 2007.
|Mitchell Luedtke, who has served as vice president, speciallines and affinity group, will now lead that line of business assenior vice president under Mr. Fitzpatrick, the company said.
|QBE Insurance Group Limited is based in Sydney, Australia; theAmericas Division, headquartered in New York, conducts businessthrough various property and casualty insurance subsidiaries ineight countries.
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