What is QBE Commercial Insurance?
QBE Commercial Insurance OverviewQBE North America is a global insurance company with a focus on providing unique risk solutions to its customers. One of the major areas of its business is commercial insurance. QBE commercial insurance provides coverage for businesses of all sizes, including small businesses, large corporations, and everything in between.
Types of QBE Commercial Insurance ProductsQBE offers a wide range of commercial insurance products tailored to suit the needs of businesses. Some of the insurance products available for businesses include:
- Property insurance: This insurance covers the damages to the physical property, including buildings, equipment, and inventory, etc., caused by natural disasters or accidents.- Liability insurance: This policy protects businesses from lawsuits filed by customers, vendors, or employees, arising from injuries or damages caused on business premises.- Workers' compensation insurance: This policy provides coverage to employees for work-related injuries or illness.- Commercial Auto insurance: This policy protects businesses that use vehicles for business purposes, including cars, trucks, and vans, from accidents.- Cybersecurity insurance: This policy provides protection for businesses from cyber-attacks that can cause data breaches, losses, and damages.
How to Get QBE Commercial InsuranceTo obtain QBE commercial insurance, businesses can contact their local insurance specialists who will provide them with customized personal or business solutions. Additionally, businesses can make bill payments and setup their payments online through QBE's Pay Your Bills webpage.
Overall, QBE commercial insurance provides comprehensive coverage for businesses of all sizes, allowing them to protect themselves from the unique risks they face.
Frequently Asked Questions about qbe commercial insurance
We're an international insurer and reinsurer with a local presence in 27 countries. Leveraging our deep expertise and insights, QBE offers commercial, crop and specialty products and risk management solutions to help people and businesses manage risks, build strength and embrace change to their advantage.
In 1886, two entrepreneurs started a marine insurance company in Townsville, Australia to give early pioneers a safeguard against uncertainty. Since then, QBE has grown and evolved to become an international insurer and reinsurer with a local presence in 27 countries and headquartered in Sydney.
QBE is listed on the Australian Securities Exchange and is headquartered in Sydney. We employ more than 11,700 people in 27 countries. In the Philippines, QBE's Group Shared Services Centre (GSSC) was established in February 2013, with locations in Manila and Cebu.
We've been awarded Mozo's Experts Choice Award for Exceptional Value for our Home & Contents and Landlord Insurance. The award highlights products in the marketplace that industry experts believe offer great value to Australian consumers.
In the context of Microsoft Access, QBE is used for introducing students to database querying, and as a user-friendly database management system for small businesses. Microsoft Excel allows results of QBE queries to be embedded in spreadsheets.
We invest in start-ups and venture funds that are aligned with our innovation strategy and our customer-first approach.
QBE has a unique position in this market, as an Australian based insurer that provides and purchases reinsurance.
The top competitors of QBE Group include IAG, NRMA Insurance, Prudential, Allied World Assurance Company and Blue KC. QBE Group has 45 active competitors. Here is a list of the top 10 competitors of QBE Group, ranked by Tracxn score: IAG - Sydney based, 1920 founded, Public company.
Query by example (QBE) is a query method implemented in most database systems, most notably for relational databases.
a+
Issuer Credit Ratings
QBE North America operates as a group of property and casualty insurers and re-insurers that currently receive issuer credit rating of a+ (stable) from A.M. Best.
Structured Query Language (SQL) is a widely used language that retrieves and updates data in tables and views (manipulate RDBs). QBE is a user interface that simplifies SQL procedures.
QBE Insurance
| Type | Public |
|---|
| Revenue | US$20.8 billion (2021) |
| Net income | US$750 million (2021) |
| Number of employees | 11,700 (2020) |
| Website | www.qbe.com/au |
We build alongside early and growth-stage technology companies through partnership and investment. QBE Ventures is the venture investment arm of QBE Insurance Group, with a global remit and offices in New York and Sydney. Social media terms of use: qbe.co/2y7Ck4p. Website https://www.qbe.com/ventures.
Reinsurance, or insurance for insurers, transfers risk to another company to reduce the likelihood of large payouts for a claim. Reinsurance allows insurers to remain solvent by recovering all or part of a payout. Companies that seek reinsurance are called ceding companies.
We have five regional divisions: North America, Latin America, Europe, Australia & New Zealand and Asia Pacific. QBE Insurance Group is listed on the Australian Securities Exchange and is headquartered in Sydney. QBE's five regional divisions are based in New York, Buenos Aires, London, Sydney and Singapore.
There are two flavors of QBE: the original text-based version and a graphical version developed later that is supported by the Microsoft Access database sys- tem.
