Horton has been clear about QBE’s strategy, however, since he landed at the insurer. He’s all about organic growth, just like fellow British expat Patrick Snowball wanted when he arrived at Suncorp. QBE has also spent the better part of the past decade unwinding a handful of poor acquisitions executed under former chief executive and renowned deal junkie, Frank O’Halloran. While O’Halloran made more than 100 acquisitions and bulked up QBE significantly over his 14-year reign, some didn’t quite pan out as planned. |