QBE Insurance Group announced that Todd Jones, CEO of QBE North America, is leaving the organization at the end of this month.

After nearly four years with QBE, Jones “has decided that now is the right time to leave QBE,” the announcement said, offering a brief explanation of the departure.

While QBE undertakes a search process to fill the role Jones is vacating on a permanent basis, Julie Wood has been appointed as Interim CEO North America.

Wood joined QBE in January 2023 as Group Head of Distribution. She was previously at Marsh as their South East Partnership and Zonal leader, and member of the U.S. Executive Committee. Previously, she had the position of Zonal Casualty Leader at Marsh in Atlanta.

She has also previously head senior executive roles at Zurich for 15 years.

Like Wood, Jones joined QBE from the brokerage side of the insurance industry, having most recently served as head of Global Corporate Risk & Broking and co-leader of the North American operations of Willis Towers Watson, before taking the position in August 2019

Source: QBE Insurance Group