Company’s profile Over the past 125 years of service, QBE insurance company has been making a remarkable contribution to the Australian economy. In October 1986, two young Scotsmen formed this insurance company, which had established more than 36 agencies around the world in just 4 years of time. The two Scotsmen were James Burns and Robert Philp. Since than this company has risen to be ranked in one of top 20 insurance companies worldwide. Company’s aim is continuously improving in all the departments of there business. There focus is on meeting the needs of partners and clients, which have made them one of the top insurance companies. Current activities QBE insurance limited is currently following The General Insurance Code of Practice;