QBE Specialty Insurance Company(North Dakota); Overview, Contacts, Claims, Services, Ratings, and FAQ’s

QBE Specialty Insurance Company is a leading provider of tailored insurance solutions for complex and hard-to-place risks. It operates as a subsidiary of QBE Insurance Group, a global insurance leader with a presence in over 30 countries.

QBE Specialty Insurance Company

A Brief History of QBE Specialty Insurance Company

QBE Specialty Insurance Company was founded in 2002 to address the growing need for specialized insurance solutions in the US market.

Since then, the company has expanded its offerings and expertise to become a trusted partner for businesses across various industries.

Mission & Values Of QBE Specialty Insurance Company

QBE Specialty Insurance Company is committed to delivering exceptional value to its clients through:

Contact Details of QBE Specialty Insurance Company

Inquiry Type Contact Method
General Inquiries Phone: 800-362-5448 (Mon-Fri, 7 am-7 pm CST)
Email: [email protected]
Website: QBE Website
Claims Phone: 844-QBE-Claims (844-723-2524)
Website: Claims Website
Premium and Invoice Billing Phone: 800-362-5448

 

QBE Specialty Insurance Company

Claims Filling with QBE Specialty Insurance Company

Dealing with a loss is tough, but QBE Specialty Insurance Company is here to make the claims process easy for you. They’ve got different ways for you to report your claim, ensuring it’s a smooth and quick experience.

How to Report Your Claim

  1. Online: File a claim online for things like home and renters insurance. Just go to the QBE claims page, click on “File a Claim,” and follow the steps.
  2. Phone: Call the 24/7 claims hotline at 844-QBE-Claims (844-723-2524) to report your claim.
  3. Email: Send an email to [email protected] to report your claim.

When you report your claim, have this info handy:

  • Your policy number
  • When the loss happened
  • A quick description of the loss
  • Where the loss occurred
  • Any injuries or damages
  • Contact details for witnesses (if there are any)

What Happens After You Report Your Claim

Once you report your claim, a QBE claims adjuster will take charge. They’ll get in touch to gather more info about the loss and might set up an inspection if needed.

The adjuster will review your claim to see if it’s covered by your policy. If it is, QBE will work with you to settle it fairly and fast.

Services and Products Offered by QBE Specialty Insurance Company

QBE Specialty Insurance Company has a bunch of tailored insurance options for tricky and complex risks. Here’s a breakdown of what they offer:

Professional Liability
  1. Architects & Engineers: They’ve got your back with comprehensive coverage against claims of negligence, errors, and bodily injury for design professionals.
  2. Lawyers: QBE provides lawyers with professional liability insurance, safeguarding them from legal malpractice, negligence, and breach of fiduciary duty claims.
  3. Medical Malpractice: For doctors, nurses, and healthcare pros, QBE offers coverage against claims of negligence, errors, and bodily injury.
Property & Casualty
  1. Commercial Property: Businesses can count on QBE for commercial property insurance, covering property damage, loss of income, and other troubles.
  2. Inland Marine: QBE offers inland marine insurance to protect businesses from loss or damage to their goods while in transit.
  3. Workers’ Compensation: QBE provides workers’ compensation insurance, giving benefits to employees injured on the job.

QBE Specialty Insurance Company

Environmental
  1. Pollution: QBE’s pollution insurance shields businesses from claims of environmental damage.
  2. Contractors Pollution: They’ve got insurance for businesses facing claims of environmental damage caused by their work.
  3. Environmental Impairment: QBE offers insurance protecting businesses from claims of environmental damage caused by their operations.
Accident & Health
  1. Accident & Sickness: QBE’s accident & sickness insurance gives benefits to individuals injured or sick.
  2. Travel Medical Insurance: For international travelers, QBE’s got insurance covering medical expenses.

Personal Lines:

  1. High-Value Homes: QBE provides high-value home insurance for comprehensive coverage of valuable homes and belongings.
  2. Collectibles: Got valuable collections? QBE’s collectibles insurance protects art, jewelry, antiques, and more.
  3. Kidnap & Ransom: QBE offers insurance for protection and financial assistance in case of a kidnapping.

Ratings

QBE Specialty Insurance Company is in good financial shape, as confirmed by top rating agencies. Check out the ratings:

  • Standard & Poor’s (S&P): A+ with a Stable outlook.
  • A.M. Best: A (Excellent) with a Stable outlook.
  • Fitch Ratings: A+ with a Stable outlook.

These ratings tell us that QBE Specialty:

  1. Financially Strong: They make money and manage it well. In 2021, they had a 93.7% combined ratio, showing they handled claims and expenses smartly.
  2. Solid Money Base: QBE Specialty has a lot of money set aside, acting as a safety net for unexpected losses.
  3. Smart Leaders: The people in charge at QBE Specialty know what they’re doing. They’ve been successful in the insurance business for a long time.
  4. Worldwide Presence: QBE Specialty is not just local – they operate in over 30 countries. This means they spread their risks around, which is a good thing.

Policy Cancellations

QBE Specialty Insurance Company can cancel your insurance policy in certain situations. These might include:

  1. Not Paying Premiums: If you don’t pay on time, they might cancel your policy.
  2. Giving Wrong Info: If you provide QBE Specialty with wrong or incomplete details, they can cancel your policy.
  3. Higher Risk: If the risk connected to your policy goes up a lot, they might cancel it.
  4. Breaking the Rules: If you break the rules of your policy, QBE Specialty can cancel it.
  5. No Renewal: When your policy term ends, QBE Specialty might decide not to renew it.

If they decide to cancel, you’ll get a written notice telling you when it happens. You’ll also get a refund for the part of the term you didn’t use.

Policy Renewals

Around 60 days before your policy ends, QBE Specialty will send you a renewal notice. It tells you about the new terms, including the cost.

You have choices:

  1. Renew: Stick with QBE Specialty.
  2. Say No Thanks: You can say no to the renewal and look for a different insurance.

Benefits of Choosing QBE Specialty Insurance Company

Tailored Coverage: QBE Specialty makes sure you get insurance that fits your business just right. They customize solutions to tackle the tricky risks your business faces, giving you the protection you need.

Financial Strength: Feel secure with QBE Specialty. They have top-notch ratings from agencies like S&P, A.M. Best, and Fitch Ratings. This means they have the money to support your needs and keep their promises.

Expert Team and Global Reach: Count on QBE Specialty’s smart team. They know their stuff and can guide you through complex insurance matters. Plus, with QBE’s global reach, they can cover you no matter where you are.

Excellent Service Commitment: QBE Specialty is all about giving you great service. From the beginning to the end of your insurance journey, they promise to communicate quickly, give you personal help, and handle claims quickly.

FAQ’s

1. What types of insurance does QBE Specialty offer? QBE Specialty offers a wide range of insurance solutions tailored to complex risks.

This includes coverage for professionals, property and casualty, environmental, accident & health, and personal lines.

2. How financially stable is QBE Specialty? QBE Specialty is financially strong, holding high ratings from leading agencies like S&P, A.M. Best, and Fitch Ratings.

These ratings indicate the company’s ability to meet its financial obligations.

3. How does QBE Specialty handle policy cancellations? QBE Specialty can cancel a policy for reasons like non-payment, misrepresentation, increased risk, policy violations, or choosing not to renew.

Policyholders receive written notice and a pro-rated refund for the unused term upon cancellation.

4. What sets QBE Specialty apart in customer service? QBE Specialty is committed to excellent service, offering responsive communication, personalized assistance, and efficient claims handling throughout the entire insurance process.

They have an expert team dedicated to supporting clients.

Conclusion

QBE Specialty is committed to providing its clients with the highest level of service and expertise. Their team of experienced professionals is available to help you find the right insurance solutions for your unique needs.

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