31 March 2015 Insurance

ACE creates new underwriting management role

ACE Group has appointed Shankar Krishnan to the newly created underwriting management role for its Eurasia and Africa region.

The appointment is the latest in a series of new management positions within its newest geographical business region to be announced in recent weeks.

Shankar will continue to be based in Dubai, reporting to Giles Ward, regional president, Eurasia and Africa at ACE with an additional reporting line to Mark Homan, executive vice president for global casualty, ACE Overseas General.

He will be responsible for the performance and development of ACE’s expanding portfolio of casualty business and the team of local casualty underwriters across the region’s nine markets in the Middle East, Turkey, Africa and Russia.

Krishnan currently serves as casualty underwriting manager for MENA. He joined ACE in May 2011 in his current role and has since overseen the successful development of our casualty book in MENA.

Homan said: “Shankar’s extensive profit centre responsibilities and the breadth of his experience – spanning underwriting, reinsurance, claims, distribution and general management – equip him strongly for this important new role. I look forward to working with him as we continue to grow our business.”

Ward added: “As the latest in a series of appointments in ACE’s newest business region, this is a further demonstration of our commitment to building our specialist insurance presence across Eurasia and Africa and our confidence in our ability to provide relevant casualty solutions for the market.”

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