QBE has won the title of General Insurance Company of the Year at the 2010 Australia and New Zealand Insurance Industry Awards in Sydney.
Chief Executive Officer for QBE Australia Asia Pacific Vince McLenaghan said it was a great honour to be recognised among the industry’s finest: “To be conferred with this award would not have been possible without the dedication of the team at QBE, as well as the commitment and loyalty of our intermediary partners and customers.”
“While QBE was not exempt from the impacts of the natural catastrophes over the past year, our team was able to demonstrate its ‘can do’ approach and play a part in the industry’s remarkable response to catastrophe relief. I am proud to be a part of the team responsible for these achievements.”
In addition to QBE’s continued display of strong corporate governance practices, the judges acknowledged QBE’s demonstrated industry leadership, through its approach to product and distribution diversification as well as its support of the insurance industry.
ANZIIF chief executive Joan Fitzpatrick said all the winners were a “standard bearer” for the industry’s professionalism.
“The annual Awards are hosted by the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and Asia Insurance Review to recognise dedication to best practice and the highest standards of professionalism within the Australian and New Zealand insurance industry throughout the previous year.