QBE first entered the Hungarian insurance market in 1998 when it purchased the portfolio of well-respected local travel insurer Atlasz Biztosító. Since then QBE Insurance (Europe) Limited Magyarországi Fióktelepe – Hungary has maintained its position as market leader for travel insurance while increasing its market share in the household and property market. The branch office focuses on business and domestic clients and uses its extensive local knowledge to offer a range of commercial property, householders, travel and personal accident insurance tailored to the needs of the customers.