Jeffrey S. Grange has been appointed head of Management Liability and Professional Lines for QBE North America, which plans to launch a directors and officers (D&O) liability division.
Grange has 25 years experience in management liability and professional areas. He joins QBE from the Torus Group, where he served as the chairman of the Torus’ Group Underwriting Committee, managing the insurance risk of the company, and was the Global Practice Leader for Management Liability and Professional Lines.
Prior to joining Torus in 2010, Grange spent his entire career with Chubb Group, joining the organization in 1990 as an underwriting trainee. From 1990 to 1998, he moved through a variety of underwriting roles of increasing responsibility. From 1998 to 2010, Grange oversaw a wide range of Chubb’s professional liability products and businesses, many on a worldwide basis. He was elected a vice president of Chubb in 1999 and a senior vice president in 2002.
According to QBE North America Chief Executive Officer David Duclos, Grange will play a critical role as the company looks to establish its D&O coverage. “Given today’s challenging business environment, D&O liability programs for private and public companies are business-critical components of any insurance buyer’s risk management program,” he said.