QBE Re has announced a major expansion of its Bermuda office with the appointment of insurance industry veteran Tracey Gibbons as head of QBE Re, Bermuda.

The company said it has expanded the Bermuda office to focus on regional specialty opportunities.

QBE Re said Ms Gibbons will join in September from SiriusPoint where she was senior vice-president.

The company said she brings more than 30 years’ experience to the role and a remit to develop the Bermuda product offering to QBE Re’s platform, having held senior roles at Third Point Re and Allied World.

In her new role, Ms Gibbons will report to Steve Postlewhite, managing director, QBE Re.

The company said David Cary’s role will also expand, as SVP underwriting manager and head of Property and Casualty Bermuda, he will assume responsibility for the day-to-day line management of the growing underwriting team in Bermuda.

QBE Re said it also welcomes Greg van der Made as treaty underwriter to the Bermuda office as part of the expanded focus. He joins from SiriusPoint and will focus on building the region’s specialty and property reinsurance book in his new role.

Mr Postlewhite said: “We’re seeing increased demand from our global clients for specialty reinsurance and property business in Bermuda and see a renewed opportunity under multiple lines within Tracey’s and David’s leadership.

“With the addition of the new team members, we are excited about continuing our longstanding commitment to this market. Tracey will bring a wealth of experience to this new role.”

QBE Re is the reinsurance division of QBE Insurance Group.

It offers a range of property, casualty, specialty and life solutions to customers worldwide from offices in Bermuda, London, Brussels, Dubai, Dublin, and New York.