QBE names Underwriting Leader for Accident & Health

Tuesday, July 27, 2010

(New York, NY) - QBE today announced the appointment of Steven L. Gransbury as Underwriting Leader for its Specialty Accident & Health Division. He will head distribution and development of the division's health and special accident products.

Gransbury's career in medical stop loss reinsurance began 14 years ago at Boston area LDG Insurance Underwriters, which was later acquired by HCC Benefits Corp. (HCC Life). While there, he held several marketing and senior officer positions. Prior to his appointment with QBE, he served as Managing Director of SLG Benefits and Insurance, a QBE subsidiary, since 2003.

He is a graduate of Hartwick College in Oneonta, N.Y.

QBE Insurance Group Limited is one of the top 25 insurers and reinsurers worldwide. Headquartered in Sydney, Australia, QBE operates out of 49 countries around the globe, with a presence in every key insurance market. The Americas Division, headquartered in New York, conducts business through various property and casualty insurance subsidiaries in eight countries. QBE's Americas Division produced $4 billion in gross written premium in 2009 and an 89.7 combined operating ratio. QBE Insurance companies are rated "A" (Excellent) by A.M. Best and "A+" by Standard and Poor's. For more information, visit qbe.com.