QBE Insurance has appointed Mark Lingafelter as managing director of its Asia Pacific region with effect from September 1, 2015.
Based in Singapore, Lingafelter will be accountable for the ongoing execution of the QBE Asia Pacific Profitable Growth Strategy and the continued development of the Asia Pacific region for the QBE Group. He will oversee the underwriting and distribution functions as well as the management of all QBE operations across Asia Pacific. (QBE Asia Pacific region is part of the Emerging Markets Division of QBE Insurance Group Limited).
Prior to joining QBE, Lingafelter held various senior positions with Chubb Insurance Company in Australia, Hong Kong and Singapore, having spent more than 30 years with the company. His last role with Chubb was as the managing director and CEO for the firm’s Australian operation for 10 years. Prior to this, he was the CEO of Federal, Hong Kong, and the country manager for Federal, Singapore – both part of the Chubb Group. Before taking up the country management roles, Lingafelter was also an underwriting manager with Chubb in Asia as well as the United States.
David Fried, chief executive officer, Emerging Markets, QBE Insurance Group said: “This leadership appointment represents another key milestone in the further strengthening of our regional senior management capabilities. Mark brings with him a wealth of experience in product, underwriting and distribution. He also has a proven track record of growing businesses profitably in Asia and Australia, in addition to implementing strategic change initiatives. We are confident that Mark will help drive the expansion of our business in this region by further leveraging our Asia Pacific Profitable Growth Strategy.”
Source: QBE Insurance
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