Wednesday, September 07, 2016
New York, NY – QBE North America, an operating division of QBE Insurance Group, today announced that Jonathon Fanti has been promoted to Senior Vice President, Underwriting Leader – Public Company Management Liability. Mr. Fanti will continue to report to John Burkhart, Senior Vice President and Head of Management Liability & Professional Lines.
In his new capacity, Mr. Fanti will have the P&L responsibility for the Public Company segment and will set the underwriting strategy for the Directors & Officers product line. Jon will continue to build QBE's presence as a market leader while also working to expand QBE's public company business on a national basis in partnership with our Regional Executives across each distribution channel. Jon will also lead QBE's efforts to deliver global master-local admitted policy placements for multinational Public & Private D&O customers.
"This is the natural next step in Jonathon's career at QBE. He has done a phenomenal job growing and developing our Public Company business since he joined QBE in 2013," Mr. Burkhart noted. "Jonathon is a highly regarded industry veteran with outstanding technical acumen and deep expertise – all of which is greatly valued by his peers and our producer partners," he added.
Before joining QBE in 2013, Mr. Fanti spent 11 years at Chubb, serving as Assistant Vice President and managing a regional public company portfolio. In this role, he was responsible for leading a team of underwriters focused on Directors & Officers Liability, Employment Practices Liability, Fiduciary Liability, ERISA Bonds, Employee Dishonesty and Kidnap & Ransom Insurance. Mr. Fanti started his career as a casualty underwriter at AIG, before moving to Gulf Insurance Group as a public company underwriter. Later, he further honed his underwriting expertise at Kemper Insurance, where he focused on Directors & Officers Liability, Employment Practices Liability, Fiduciary Liability, and Representations & Warranties Insurance.
Mr. Fanti graduated from Olivet College with a Bachelor of Arts in Business Administration, and earned an M.B.A from The College of Insurance in New York. He also holds a Registered Professional Liability Underwriter (RPLU) designation.
"Jon's promotion demonstrates the high value we place on underwriting excellence and industry expertise," said Jeff Grange, President – Specialty Insurance, QBE North America.
"By identifying those with unique skills and experience – like Jon – and providing them with opportunities to move into key leadership positions, we further invest in our development culture and our organization's greatest asset – our people," Mr. Grange added.
QBE Specialty underwrites risks and provides exemplary coverage and services to support the specialized needs of customers across a wide variety of segments and industry sectors. These include Accident & Health, Aviation, Cyber, Inland Marine, Management Liability & Professional Lines, Media & Entertainment, Trade Credit, and Surety, for appointed retail and wholesale producers.
QBE North America is part of QBE Insurance Group Limited, one of the largest insurers and reinsurers worldwide. QBE NA reported Gross Written Premiums in 2015 of $4.6 billion. QBE Insurance Group's 2015 results can be found at www.qbena.com. Headquartered in Sydney, Australia, QBE operates out of 43 countries around the globe, with a presence in every key insurance market. The North America division, headquartered in New York, conducts business through its property and casualty insurance subsidiaries. QBE insurance companies are rated "A" (Excellent) by A.M. Best and "A+" by Standard & Poor's. Additional information can be found at www.qbena.com, or follow QBE North America on Twitter.
Carla Ferrara, Vice President, Corporate Communications & Branding, 212.497.9604, Carla.email@example.com