QBE snares RSA's SME boss for senior role

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QBE has turned to two of its largest rivals to secure a brace of senior hires.

David Greaves has left RSA, where he was SME trading director, to join the Australian insurer as head of e-trading and its ‘Fast Flow’ operations.

He has been tasked with growing QBE’s e-trading Fast Flow business substantially over the next three years, with an initial focus on commercial property and casualty lines for small and micro businesses with a typical premium level of up to £20,000.

Commenting on his appointment, Ash Bathia, chief underwriting officer, property, casualty and motor at

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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