QBE picks new head of marine; eyes expansion into Europe

Re/insurer  QBE has appointed a new marine business leader as it looks to roll out and expand the product line into Europe. The appointee takes over from Tim Pembroke who is set to leave  QBE after over 24 years.

Kevin Shallow (pictured) will assume the role of director of underwriting and product head for marine from Pembroke, who will be retiring at the end of March after nearly 38 years in the marine insurance industry.

Shallow is currently a portfolio manager within the marine division. He joined QBE in 2005 and has over 16 years’ experience in the industry, including time spent in Singapore developing QBE’s Asian marine business. He has also been instrumental in the development of QBE’s portfolio solutions underwriting unit in the London market.

In his new role, Shallow will focus on further developing QBE’s marine business including the roll out and expansion of the marine product lines locally into Europe.

Peter Burton, executive director, international markets, QBE European Operations, said: “I have no doubt that Kevin will continue to develop and expand on the legacy Tim leaves as a leading Marine operation in the international marketplace and the continued expansion of the Marine product into our European business. Kevin brings a diversity of insurance and marine experience to this role meaning he is well suited to lead the next phase of our marine portfolio’s development.

“I thank Tim for his important contributions to QBE over his long and distinguished career and wish him all the best in his retirement.”

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