Pioneer hires ACE exec to launch new tech and cyber unit

Pioneer Underwriters has launched a new miscellaneous, technology and cyber liability unit with the appointment of David Lucey as vice president to lead the team in the US.

Based in company’s Pennsylvania office in Exton, Lucey will report to the chief executive officer of US underwriting platform Pioneer special risk (PSR) Gene Hinman.

The new team under his leadership will target primary and excess miscellaneous, technology and cyber liability risks on a non-admitted basis across a broad range of classes, and offer customizable risk transfer solutions to its clients.

Lucey brings over 20 years of errors and omissions (E&O) underwriting experience to Pioneer, having most recently served ACE Group’s commercial risk services where he helped lead the development and management of its miscellaneous and technology E&O division.

Prior to joining ACE, he started the professional liability division for Vela Insurance Services.

“We are excited to have David joining PSR. This broadly focused line of business, coupled with David’s expertise, will be a perfect fit for our well-developed and constantly evolving specialty underwriting platform,” said Hinman.

Lucey added: “PSR has a reputation for its underwriting expertise in niche insurance segments and for being a market that is productive to do business with. I am extremely excited to be part of this growing and dynamic organization."