People Moves: Beazley Taps Swiss Re’s Wunderlich as Head of Parametric Insurance; QBE Promotes Browne to UK Casualty Director

This edition of International People Moves details appointments at Beazley and QBE Insurance.

A summary of these executive hires follows here.

Beazley, headquartered in London, appointed Stefan Wunderlich as head of parametric insurance. Reporting to Richard Montminy, group head of property risks, Wunderlich will be based in Zurich, Switzerland.

Wunderlich joins from Swiss Re, where in a two-decade career he held a number of senior positions, including building out parametric solutions for corporate clients and most recently leading teams supporting corporate clients to better manage their climate risk exposures.

“Property risks are ever more complex, requiring specialist solutions, effective modelling and underwriting expertise to deliver outcomes that meet the needs of business across the world,” said Montminy. “Parametric underwriting is a highly effective response to the risk environment, often adding more immediacy, certainty and scalability than traditional methods of property underwriting.”

Beazley specializes in a variety of lines including professional indemnity, cyber liability, property, marine, reinsurance, accident and life, and political risks and contingency business. It has tripled the size of its property underwriting since 2022, rolling out specialist property underwriting capabilities to Europe and developing selective solutions using parametric underwriting.

***

QBE Promotes Browne to UK Casualty Director

QBE has appointed Adrian Browne as director of Underwriting, Casualty, for the UK, effective from Jan. 1, 2026.

Browne has more than two decades of experience in insurance, spanning actuarial pricing and underwriting leadership. In the last four years, he has worked as QBE’s portfolio manager for UK casualty. He has held various roles at QBE for the past 22 years.

Based in London, Browne will report into Chris Wallace, executive director of UK Insurance, at QBE Europe. The appointment follows Anna Bennett’s decision to retire at the end of 2025.

“With Adrian leading of one of our major portfolios, our broker partners and customers can look forward with confidence. Our casualty customers operate in a challenging environment and Adrian’s experience, and solutions-focussed approach is highly regarded across the market,” commented Wallace.

Under Anna Bennett’s leadership, the QBE UK Casualty team has increased the division’s GWP by 43% in recent years through significant regional growth.

Topics Casualty