QBE has opened a new office in Leeds making a £3.6m investment in the city for its second largest European site.
The office houses more than 450 employees with headcount having grown by 40% since 2022.
The total includes more than 20 underwriters able to write property, commercial combined, casualty, contractors combined, fleet and motor trade. This covers a range of locally managed appetite from £1,000 casualty excess of loss up to multi-million pound cross-class programmes, the insurer detailed.
It noted that since opening in Leeds in 2008 gross written premium has grown to over £100m.
The staff numbers
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