ACE Group is launching an independent cyber risk business unit as part of its bid to build market leadership in this growing area of emerging risk.
Recent research by ACE indicated that cyber is a ‘top three’ emerging issue for European risk managers and treasury departments. The group last year established a global cyber practice and already offers comprehensive risk management and insurance solutions for computer hardware, first and third party cyber liability risks in key Continental European markets through a range of specialist products.
The new cyber practice brings together, in a single expanded team, the company’s expertise across the region with the objective of empowering local decision-making and strengthening broker and client relationships for both middle market and larger accounts.
The practice comprises full-time dedicated cyber underwriting experts in five markets: Xavier Leproux, France – based in Paris; Natalie Kress, Germany and Austria – based in Frankfurt; Daniël Jacobs, Benelux – based in Rotterdam; Riccardo Scalici, Italy – based in Milan; and Tania Donoso, Spain and Portugal – based in Madrid.
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.
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