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QBE Re names Gibbons to lead expanded Bermuda office

QBE Re logo Bermuda with Gibbons.jpg

QBE Re has named industry veteran Tracey Gibbons to head its Bermuda office as part of what it dubbed a “major expansion” of its Hamilton operations.

Gibbons brings more than 30 years of experience to the role, most recently as senior vice president of SiriusPoint, a position she took after Third Point Re merged with Sirius earlier this year. She joined Third Point in 2019 from Allied World.

QBE said Gibbons is tasked with developing the Bermuda product offering of QBE Re’s platform.

She will report to managing director Steve Postlewhite.

The expansion follows the opening of an office in Colombia led by Christian Hofmann in June.

As part of the expansion, QBE said David Cary will grow his role as SVP underwriting manager and head of P&C.

Cary, a Swiss Re alumni, has been Bermuda branch manager since 2018, according to his LinkedIn profile.

The company said he would assume responsibility for the day-to-day line management of the Bermuda underwriting team.

Also joining the insurer is Greg van der Made, who was named treaty underwriter to the Bermuda office as part of the expansion.

Van der Made is another recruit from SiriusPoint, where he worked for three years. He will focus on building the region’s specialty and property reinsurance book.

Postlewhite said: “We’re seeing increased demand from our global clients for specialty reinsurance and property business in Bermuda and see a renewed opportunity under multiple lines within Tracey’s and David’s leadership.

“With the addition of the new team members, we are excited about continuing our long-standing commitment to this market. Tracey will bring a wealth of experience to this new role.”

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