LONDON--(BUSINESS WIRE)--ACE Group today announced the appointment of Adam Groves to the role of energy underwriter for ACE in MENA, as it continues to strengthen it energy insurance capabilities in the region.
Based in Dubai, Adam will be responsible for further expanding ACE’s energy portfolio across MENA and for contributing to its future profitable development.
Adam has significant experience in the MENA energy sector, having worked with a wide range of clients within the region’s energy broking sector. He joins ACE from Marsh, where he most recently held the position of Assistant Vice President - Energy Client Executive. Adam’s appointment is effective immediately and he will report to Mojgan Khosabi, Energy Underwriting Manager for ACE in MENA.
Ms. Khosabi said:
“Having a local energy underwriting team that knows the culture, the brokers and the unique needs of our customers is essential in this ever-changing, expanding market where close relationships and a deep understanding of risk in the region are more important than ever. Adam is a great addition to our highly skilled team. As the energy sector continues to rebound in MENA he will help us capitalise on the exciting new opportunities we see across the region.”
Steve Dixon, Regional Director for ACE in MENA said:
“Adam’s appointment underlines our commitment to MENA and its energy market. ACE is a leader in global energy markets and a well-established player in the region. I am looking forward to working with Adam as we build our capabilities and presence in the energy sector and continue to bring our global underwriting and risk management expertise to companies across MENA.”
ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 54 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. ACE Limited, the parent company of the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index.