QBE is expanding its warranty and indemnity presence in the Nordics.
After a period of uncertainty, the Swedish M&A market is showing signs of recovery. According to EY, 387 deals were completed in Sweden in the fourth quarter of 2024, a 9% increase from the previous year, with a continued increase in activity anticipated this year, amid a complex transaction landscape.
“More companies are reviewing their strategies, some to strengthen supply chains and others to take advantage of new technology, while venture capital firms are increasing their activity,” said Gunnar Blomqvist, QBE Nordic underwriting manager. “With a more sophisticated transaction environment, there is increased need for technical expertise and capacity to analyse and manage risks effectively,".
The commercial insurer has recruited Samuel Pihl to the newly created role of transactional liability underwriter, QBE Nordics. He takes up his new role today.
Toria Lessman, global head of transactional liability at QBE, commented: “With a growing M&A market and transactions that are more complex, predictability and security have never been more important. We are pleased to bring our global capabilities and local expertise to the Nordics region, equipping our broker partners and clients with transaction solutions that meet business needs.”
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