ACE shuffles energy team

Insurer ACE Group has made a series of appointments within its ACE global markets (AGM) and ACE overseas general (AOG) energy teams as it builds its presence across the world’s energy insurance markets.

All the new additions will be based in London and are effective immediately.

Matthew Hardy has been appointed product head of AGM energy and AOG head of international energy. In his new role, Hardy will lead ACE’s efforts to develop and deliver innovative solutions for AGM energy clients’ complex international operations and risk management needs.

Hardy joined ACE 19 years ago and has steadily progressed from assistant underwriter to head of onshore energy to chief underwriting officer, AOG energy. Most recently, he served as head of the international energy division.

In his new role he will report to Matthew Shaw, divisional president, AGM  and Roger Giddings, executive vice president (EVP) of global energy at AOG.

Andy Brown has been promoted within the AOG energy team to global head of downstream energy from his previous position of senior underwriting officer.

In this new role, Brown will lead the efforts to increase ACE’s global presence and enhance local access to ACE’s energy capabilities internationally in the downstream energy sector, while reporting to Matt Hardy.

Riaz Thanduparakkal has also been promoted from his previous position of energy underwriter to senior underwriter. He joined ACE in 2011 as an underwriter in the upstream team.

George Foxall and Chris Fagan have both been promoted from assistant underwriter to underwriter. Foxall joined the London energy team five years ago as a trainee underwriter and Fagan joined in May 2008 as an underwriting assistant for upstream and downstream and was promoted to assistant underwriter working across both units in 2012.

Additionally, Matt Bilbey has been promoted to assistant underwriter. Bilbey began his career in insurance in September 2013 with ACE, as a trainee underwriter in the energy team.

Shaw said: “The worldwide energy sector continues to face a series of challenges and the energy insurance markets remain highly competitive. These promotions enhance our AGM and AOG energy underwriting capabilities and underline our commitment to further support our clients through the current uncertain global environment.

“I am looking forward to working with them in their new roles as we work to further position ACE for continued success as a leading player in energy insurance.”