Golf Tutorials

What Does QBE Stand for in Golf?

By Spencer Lanoue
November 2, 2025

If you've ever watched the PGA Tour's year-end schedule, you've likely seen the letters QBE and wondered what they have to do with golf. The short answer is: QBE doesn't stand for a golf term like 'Bogey' or 'Eagle'. It's the name of a title sponsor for a popular and unique tournament. This article will explain what QBE is, detail the golf tournament it sponsors, and show you how understanding its fun format can give you great ideas for your own games.

So, What Does QBE Actually Stand For?

QBE is a global insurance company, one of the largest in the world. The name itself is an acronym for "Queensland Bankers and Traders' Agency".

The company was founded in 1886 in Townsville, Australia. Two Scottish transplants, James Burns and Robert Philp, started the North Queensland Insurance Company (the 'Q' in QBE). Later, they expanded to form the Bankers' and Traders' Insurance Company (the 'B' and 'T'). Over time, these entities merged and grew through acquisitions to become the global powerhouse they are today. The 'E' came from The Equitable Life and General Insurance Company, which they also acquired.

While commentators might say "Welcome to the QBE Shootout," they're essentially welcoming you to an event sponsored by a major insurance and risk management company. Their involvement in golf is through sponsorship, lending their brand name and resources to a fan-favorite event on the PGA Tour.

The QBE Shootout: Golf's Fun-Loving Year-End Event

The "QBE" in golf you hear about is the QBE Shootout, an unofficial PGA Tour team event held in December at Tiburón Golf Club in Naples, Florida. Think of it as the tour's unofficial year-end celebration. While not a "major" tournament, it boasts a hefty prize purse and attracts some top names in golf.

What makes the QBE Shootout special? A few things:

  • The Team Format: It's a 24-player, two-person team event. This leads to unique pairings you won't see anywhere else.
  • The Field: Founded by Greg Norman in 1989, the event features an interesting mix of players. You often see PGA Tour stars team up with players from the LPGA Tour (like Lexi Thompson or Nelly Korda) or even competitors from the LIV Tour. It showcases camaraderie across the professional golf landscape.
  • The Vibe: As an end-of-year event, the atmosphere is more relaxed. You'll see more smiles, more interaction with fans, and a general sense that players are out to have fun, even while competing hard. This time of year on tour is often called the "challenge season" or "silly season," and the QBE Shootout is its marquee event.

The tournament's three-day format presents different styles of team golf, requiring players to use different strategies and teamwork to post a low score.

A Golfer's Guide to the QBE Shootout Formats

Understanding the formats of the QBE Shootout isn't just trivia, it's a blueprint for enjoyable ways to play golf with friends. Here's a breakdown of each day, along with some coaching advice on how you can use these formats yourself.

Day 1: Scramble

The tournament kicks off with a scramble, one of the most popular and social formats in golf.

How it Works: On a two-person team, both players hit a tee shot. They decide which of the two drives is in the better position. From that best spot, both players hit their second shot. They again choose the better second shot, and both play their third from there. This continues until the ball is in the hole. The team records one score for the hole.

Why It's a Great Format for You:

  • It Takes the Pressure Off: The scramble is perfect for golfers of all skill levels. If you're a high-handicapper playing with a more experienced friend, you don't have to worry that a bad shot will ruin the hole. If you hit one in the woods, your partner might have one in the fairway. Your good shots help the team, and your bad shots don't hurt.
  • It Encourages Aggressive Play: This format is your license to be a hero. If your partner stripes their drive down the middle of the fairway, you can swing freely with your driver. On a par-5, if one lays up safely, the other can go for the green in two. It's about giving yourself two chances to pull off a great shot.

Try This: Next time you play a scramble, vocalize the strategy for each shot. "You're safely in the fairway. I'll aim at that pin over the bunker - if it works, awesome. If not, no big deal."

Day 2: Modified Alternate Shot (Greensomes)

Day two gets strategic with a format known as Modified Alternate Shot, or more commonly, Greensomes.

How it Works: Both players hit their own tee shot. They choose the best of the two drives. Here's the twist: the player whose drive was not chosen hits the second shot. From that point on, the two players alternate hitting shots until the ball is holed.

Why It's a Great Format for You:

  • It's All About Partnership: This format tests teamwork and strategy. It's not just about hitting a good shot, but about leaving your partner in a good position to hit the next good shot.
  • Pre-Shot Strategy is Huge: Knowing your partner's strengths and weaknesses is crucial. For example, choosing a drive that leaves you with a tricky pitch shot you prefer can lead to smarter decision-making.

Try This: Communication is key. As you approach each tee shot, discuss comfort zones and strategies to make informed decisions.

Day 3: Four-Ball (Better Ball)

The final round brings tension with a Four-Ball format, also called Better Ball.

How it Works: Both team members play their own golf ball from tee to hole. They play independently. At the end of the hole, they look at their two scores, and the team records the lower score. If Player A scores a 4 and Player B scores a 5, the team score is a 4.

Why It's a Great Format for You:

  • It Blends Individual Play with Team Strategy: Players play independently but with a safety net. The "one-two punch" strategy is effective.
  • Create a "Safe" and "Attack" Strategy: Assign roles where one player plays conservatively while the other plays aggressively, adjusting based on the situation.

Try This: Before each hole, assign roles strategically to capitalize on both safety and aggressive plays.

Final Thoughts

The "QBE" you see in golf refers to the global insurer sponsoring the QBE Shootout, a fun, end-of-year team tournament on the PGA Tour. More importantly, the event's scramble, modified alternate shot, and four-ball formats offer creative ways to enjoy the game and think strategically on the course.

Playing these formats often brings up new questions about strategy, which goes beyond just your own swing. When navigating a scramble or deciding on the best strategy for a four-ball match, our app, Caddie AI, acts as a brilliant course-management partner. You can get instant advice on club selection, shot strategy, or handling tricky situations, helping you make smarter, more confident decisions from tee to green.

The best AI golf app: Caddie is your personal AI golf coach. Get expert-level golf advice instantly, 24/7 to help you play like a pro. Try it free →
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Spencer has been playing golf since he was a kid and has spent a lifetime chasing improvement. With over a decade of experience building successful tech products, he combined his love for golf and startups to create Caddie AI - the world's best AI golf app. Giving everyone an expert level coach in your pocket, available 24/7. Caddie's mission is simple: make world-class golf advice accessible to everyone, anytime.

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