Wednesday, November 27, 2024

Insurtech firm to take space at Bruntwood SciTech’s West Village

Bruntwood SciTech – a joint venture between Bruntwood, Legal & General and Greater Manchester Pension Fund – will welcome one of the world’s largest insurance and insurtech firms, QBE, to its new city centre workspace in Leeds, West Village.

Australia-headquartered QBE, with global operations across 27 countries, are set to move into three floors of the transformed workspace, totalling 37,000 sq ft – one of the largest deals in the city this year.

The move will see QBE relocate and expand its 300-strong employee base from its current workspace into the heart of the city centre, along with cementing the new home for its robotics centre and technology development hub where it uses robotic process automation (RPA) to free up employees’ time to focus on delivering greater value for customers – reducing manual tasks, speeding up processes, and boosting customer satisfaction in the process.

Deploying such innovation into the insurance market has so far saved QBE 50,000 work hours.

The firm is now set to carry out fitting out its new workspace at West Village, which is being delivered by contracting specialist Denton.

Bruntwood SciTech is currently undergoing a £20m redevelopment at West Village.

Andrew Cooke, Regional Director – Leeds, Bruntwood SciTech, said: “QBE is one of the world’s leading insurers, so the business’s decision to choose West Village as its hub for technological development is a key deal for the region.

“It also reaffirms West Village as a hub for innovative and evolving businesses and it’s exciting to see that we are continuing to succeed in our mission to grow a cluster of high-growth and forward-thinking organisations that will benefit from collaboration and knowledge-sharing with other like-minded firms.

“We’re looking forward to welcoming QBE to the West Village community and to continue growing our network of innovative, sector leading businesses ahead of its opening later this year.”

Nathan Fuller, Chief Operations Officer, QBE Europe, said: “QBE has had a presence in Leeds for over 20 years and our expansion in recent times has been about leveraging the strong local talent base to support us in our technological development, including the establishment of our robotics centre of excellence almost three years ago.

“Moving to West Village is the next chapter in our story with the city, and we are excited to be moving our people to such a prestigious location that is in tune with our commitment to sustainability, modernisation ambitions and focus on employee wellbeing.”

CBRE’s Occupier Services team in Leeds acted for QBE on the deal. Charles Parkinson, Associate Director, CBRE’s Occupier Services team said: “It has been great working on this move with QBE over the past 12 months and sees another occupier relocate to a best-in-class building in the city centre, highlighting the business’s goals of finding more sustainable, amenity-rich buildings. The central location and good transport links, combined with its green credentials, were a real draw for QBE.”

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