QBE Workers Compensation Insurance (2024)

FAQs

What kind of insurance is QBE? ›

QBE Insurance Group Ltd. is a general insurance and reinsurance company. It underwrites general insurance and reinsurance risks and also provides investment management.

QBE is licensed in all 50 states, as well as the District of Columbia and Puerto Rico. QBE is also an eligible surplus lines insurer in the District of Columbia and all states except North Dakota. We're a “go to” market.

QBE was listed on the Australian Securities Exchange in 1973 from the merger of three companies whose names represent the letters of the combined company, Queensland Insurance, Bankers' and Traders' Insurance Company, and Equitable Life and General Insurance Co., and its founding chairman was J. D. O. Burns.

QBE cons: Not a BBB accredited business. Many complaints filed through the BBB in recent years. Large volume of dismal customer feedback. Rating through the BBB is low compared to most modern carriers.

Is QBE Insurance a good company? Not only has QBE been in business for over 100 years, it has strong financial ratings with both A.M. Best and Standard & Poor's.

QBE was ranked 2^nd by industry (Banking, Financial Services and Insurance), 3rd by intake size (medium), and was the highest-ranking insurer overall on the list. The AAGE's list is based on feedback from over 4,000 graduates recruited as part of the 2023 graduate intake in organisations across Australia.

The QBE story began in October 1886, when young Scotsmen James Burns and Robert Philp – already partners in a shipping business – established The North Queensland Insurance Company Limited (QI).

Five independent agencies—A.M. Best, Fitch, Kroll Bond Rating Agency (KBRA), Moody's and Standard & Poor's—rate the financial strength of insurance companies. Each has its own rating scale, its own rating standards, its own population of rated companies, and its own distribution of companies across its scale.

QBE North America's main headquarters is located at 55 Water Street New York, NY 10041 US. The company has employees across 6 continents, including North AmericaAsiaEurope.

How to claim QBE insurance? ›

Call our 24/7 claims line on 133 723. Contact your broker to help you.

QBE has sponsored of the Sydney Swans for over 30 years, plus the NSW Swifts netball and Perth Glory football for long tenures also. The challenge was how can we leverage these sponsorships while promoting QBE's commitment to customer service? We created a campaign around QBE's Core Idea – 100% Commitment.

Today, we employ more than 11,000 people around the world, and our product portfolio protects your business, farm and property.

Query-by-Example (QBE) is another language for querying (and, like SQL, for creating and modifying) relational data. It is different from SQL, and from most other database query languages, in having a graphical user interface that allows users to write queries by creating example tables on the screen.

Company Profile

QBE Insurance is an international property and casualty insurance company.

It is an acronym that you could be forgiven for assuming is one of the prestigious awards from the Queen's Birthday Honours - CBE, MBE, OBE. It isn't but, like these honours, it does represent the contributions and achievements of people from all walks of life, and it stands for Qualified By Experience.

Issue: Reinsurance, often referred to as “insurance for insurance companies,” is a contract between a reinsurer and an insurer. In this contract, the insurance company—the cedent—transfers risk to the reinsurance company, and the latter assumes all or part of one or more insurance policies issued by the cedent.