ACE European Group has appointed Iain Ainslie to the role of technology and cyber liability underwriter, in a move to enhance its service offering and presence in the sector.
Mr Ainslie will be responsible for underwriting technology and cyber liability business in the UK, Ireland and North America. He will work with national and overseas brokers to bring awareness of technology and cyber risk to their clients, and help them to have protection in the event of a breach or failure in their IT systems.
Mr Iain has worked in the London Insurance Market for over 24 years, 21 of which were within information technology. He has experience in application development, project management, infrastructure, security, consultancy and IT management.
Trevor Ormes, product head financial lines at ACE, said: “We are focused on establishing specialty technical knowledge in this continually evolving arena. Iain’s knowledge will enable ACE to build technology and cyber liability underwriting capabilities throughout the organization. With technology playing an ever greater role in business, more brokers are keen to ensure their clients are adequately protected”.
ACE European Group comprises the operations of ACE Europe, ACE Global Markets and ACE Tempest Re Group. ACE Europe provides property and casualty, accident and health and personal lines solutions for clients. Specialty lines include marine, aviation, energy and political risk as well as property, financial lines and accident and health.