QSX Intermediaries BV was established in Amsterdam in 1985 in cooperation with Lloyd’s broker Thompson Heath and Bond (Ltd). In 1988 the shares held by the English partner were acquired by the Dutch management, making QSX an independent company.
The Company Mission is to provide Continental Europe with professional facultative reinsurance brokering services. Insurers located in North and South America and Asia make use of the services that QSX offers in order to spread their large risks among European reinsurers.
During the 1990’s, QSX expanded the scope of its services, offering its services to Dutch insurers and large insurance brokers by placing complex, Dutch commercial risks with (re-)insurers throughout the world. The company moved to Rotterdam in 1998, to be at the centre of the Dutch insurance market. Ten years later, the emphasis shifted towards the placement of niche consumer insurance coverages and the company relocated to Deventer. Besides this location is QSX also represented in New York (USA), Milaan (I) en Gent (B).
A separate entity called CoverYou Verzekering B.V. was set up to handle the volume of policies for consumer insurance products. Lloyd’s of London awarded CoverYou the predicate “Coverholder”, allowing the company to issue policies and perform claimshandling on behalf of certain Lloyd’s underwriters. CoverYou focuses on the insurance of mobile electronic equipment (Smartphones, Tablets, Notebooks). Sales are carried out in The Benelux, Germany and Italy.
In 2014 , the logical step was taken to house the claimshandling activities in a separate entity, called QSX Claims Services BV. QSX Claims not only takes care of its sister company CoverYou’s claimshandling, but also acts as a Third Party Administrator for the claimshandling and administration of other insurance companies and insurance brokers.
From QSX Intermediaries in 1985 to the QSX Insurance Group in 2015: the group now represents three companies, each with its own character and area of expertise.
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