KAREN JOY BACUDO
Finance Editor
QBE has appointed Andy Tsui as Head of Underwriting, Corporate for Hong Kong and Macau, and Asia Head of People Risk, effective 1 June 2026.
Based in Hong Kong, he will report to Lei Yu, Chief Executive Officer of North Asia. Tsui will hold local underwriting authority across all corporate product lines in Hong Kong and Macau, while working with the regional Chief Underwriting Officer office and product heads on underwriting performance, operations and strategy.
In his second role, he will oversee People Risk across Asia, which QBE describes as a new integrated approach spanning insurance, risk insights and advisory. The offering covers workplace injury management, employee compensation and health-related exposures.
Tsui brings more than 23 years of insurance experience, spanning underwriting, actuarial work, portfolio management, and strategic leadership across Asia-Pacific.
The appointment is part of a wider management build-out in Hong Kong and Macau. Tsui will join Christelle Poh, who was earlier appointed Head of Distribution for QBE Hong Kong and Macau, with her remit expanded from local agencies and brokers to include international and regional brokers.
The move comes as insurers across Asia face rising demand from employers for cover and services linked to staff wellbeing, workplace injuries and other people-related risks. For commercial insurers, this has become a competitive area as companies seek broader support in managing workforce exposures.
Combining a market underwriting role in Hong Kong and Macau with a regional People Risk brief suggests QBE wants closer links between local corporate underwriting and product development across Asia. It also places Tsui at the centre of two priorities for the group’s commercial business in the region: underwriting discipline and the expansion of products tied to employer risks.
“Attracting a leader of Andy’s calibre marks an important step forward for our regional underwriting business. He brings a combination of deep technical knowledge, market instincts, and a genuine passion for building high-performance teams. And in People Risk, Andy will play a key role in supporting Asian enterprises in navigating increasingly complex workforce risks – building resilience, performance and sustainable growth. I am confident that Andy will bring fresh energy to the teams and help us unlock new opportunities all round,” said Yu.
“I am delighted to join QBE at such a pivotal time for its Asia growth strategy. The opportunity to lead corporate underwriting for Hong Kong and Macau, while shaping the People Risk proposition across the region, is one I am excited about. I look forward to collaborating with the talented teams at QBE to deepen our market presence, drive innovation, and deliver sustainable value for our clients and partners,” said Tsui.
QBE Asia sits within the insurer’s International Division. The wider QBE group is headquartered in Sydney and listed on the Australian Securities Exchange.
