As part of the recent LPT deal, the Cinven-backed legacy firm also acquired the team from SiriusPoint’s run-off division as part of its push into the US.
Lou Smith most recently served as the first chief digital officer at Lloyd’s of London, where she was responsible for delivering the organisation’s strategy for a digital insurance market.
The agreements will see QBE provide capacity over the next three years for Pen’s RMP business in the UK, and its P&C proposition for the hazardous goods and environmental sector.
