28 January 2014 Insurance

ACE appoints terrorism underwriter

ACE Group has appointed Stuart Elliot as terrorism and political violence underwriter for its international markets. He will be responsible for growing ACE’s terrorism book and developing terrorism and political violence programmes.

“As the international environment remains highly volatile and companies become more aware of their exposure, demand for terrorism and political violence cover continues to grow,” said Piers Gregory, terrorism underwriting manager, ACE Overseas General. “Stuart’s appointment demonstrates ACE’s commitment to offering unmatched expertise and superior client service for this complex and crucial sector.”

Based in London, Elliot will oversee all of ACE’s markets outside North America, with a particular focus on the UK, Ireland and the Group’s emerging markets, including the MENA region where ACE has a strong presence and sees strong demand for terrorism and political violence insurance cover.

Elliot has five years of insurance industry experience and will report to Gregory. He joins from Willis where he was divisional director responsible for the development of the African and Far Eastern portfolio of terrorism and political violence business.

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