By Ryan Hewlett

Feb 21 - (The Insurer) - QBE Insurance Group has appointed industry veteran Neil Maidment as a non-executive director, with the long-serving Rolf Tolle set to retire from the insurer’s board later this year.

Maidment will join QBE’s board effective February 21, 2025. He previously held various executive roles at Beazley over almost 30 years.

More recently, he was a non-executive director of Lloyd's, where he chaired the risk committee and capacity transfer panel. He was also a non-executive director of Ecclesiastical Insurance Office and Benefact Group.

In addition, QBE announced that Tolle will retire from the board at the conclusion of the insurer’s annual meeting on May 9, 2025.

Tolle joined the board in 2016 as a non-executive director. During his tenure with QBE, he served as chair of the risk and capital committee and as a member of the audit, people and remuneration and governance and nomination committees.

QBE chairman Mike Wilkins said the board changes formed a part of its continued succession planning.

“Neil has extensive experience across the global insurance and reinsurance industry. We’re delighted that Neil will be joining the QBE Board bringing his insights into risk management, strategic leadership and market innovation,” Wilkins said.

Wilkins added: “I thank Rolf for his nine years of service and commitment to QBE. Throughout his tenure, Rolf’s extensive experience in specialist insurance and reinsurance businesses has made a significant contribution to strengthening the company and enhancing its strategic direction. The board thanks Rolf for his valuable contribution and we wish him every success in the future.”