Arrowhead General Insurance Agency Inc. will become program administrator for QBE North America's small commercial insurance portfolio, consisting of property and casualty business accounts under $100,000 in premium, effective July 1.
QBE North America will retain full financial responsibility for premiums and losses and manage the products and appetite for risk. Arrowhead General Insurance Agency will perform all underwriting and servicing responsibilities on behalf of QBE, with the exception of claims management.
In addition, QBE underwriters and operations professionals assigned to commercial accounts with less than $100,000 in premium will become part of the Arrowhead team. QBE North America's senior vice president for small commercial, Walter Grote, will join Arrowhead and lead its core commercial business in Sun Prairie, Wis.
QBE North America is the operating division of global insurer QBE Insurance Group Ltd.