28 January 2015 Insurance

Ace launches dedicated cyber risk unit

Ace has launched a new cyber risk business unit as it continues to strengthens its capabilities across Continental Europe.

The new practice comprises of cyber underwriting experts in five markets, which Ace believes will facilitate sharing of expertise across both Europe and ACE’s global cyber practice, driving seamless solutions for buyers.

Xavier Leproux will lead France; Natalie Kress will lead Germany and Austria; Daniël Jacobs will lead Benelux; Riccardo Scalici will lead Italy; and  Tania Donoso will leadSpain and Portugal.

The team will continue to be supported by cyber specialists in the Nordics, Poland, Switzerland and Czech Republic within Ace’s financial lines and technical lines teams.

Kyle Bryant, regional cyber manager for Continental Europe at Ace, said:“Having asked brokers and clients what they most value from their cyber insurance partners in Continental Europe, we know that access to local decision-makers and the ability to build flexible and tailored solutions are paramount.

“With full-time cyber experts in five core markets, specialists in four more, and dedicated cyber risk engineering support, Ace will be exceptionally well placed to help deliver the service and market-leading solutions they deserve.”

Jeff Moghrabi, regional president, Continental Europe at Ace, said:“The launch of an independent cyber risk practice marks a significant step forward in our strategy for Continental Europe. It underlines our commitment to local, on-the-ground investment and, at the same time, will help to make our vast global and regional expertise available seamlessly for broker partners and clients in this fast-developing area of risk.”

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