LONDON--(BUSINESS WIRE)--
ACE Group today announced the appointment of David Fedarb to the new
role of Head of Travel Insurance for Eurasia and Africa, as it expands
its insurance capabilities in a region experiencing rapid growth of
international travel.
Eurasia and Africa represents ACE’s newest regional business unit,
established in 2014 and comprising ACE’s operations across the Middle
East, Russia, South Africa and Turkey. The appointment reflects
forecasts that the Middle East and Africa will become two of the world’s
top three growth areas for airline travel by 2017[1].
In his new role, David will be responsible for the strategy and the
profitable growth of ACE’s travel insurance portfolio across Eurasia and
Africa, focusing on product and business development, establishing new
partnerships with the travel industry, and managing and expanding the
company’s distribution channels.
David has more than 25 years of insurance industry experience including
12 in the international travel sector, six of them at ACE. Most recently
he was Head of Travel Insurance for ACE in South East Asia. Before
joining ACE, he held management positions at several global insurance
companies in Asia. David’s appointment is effective immediately. He will
be based in Dubai, reporting to Giles Ward, Regional President for ACE
in Eurasia & Africa and José Luis Gomez, Regional Head of Travel for ACE
in EMEA.
José Luis Gomez, Regional Head of Travel for ACE in EMEA, said:
“ACE’s travel proposition is characterised by a track record of working
with some of the world’s biggest travel companies, our ability to build
tailored multi-channel insurance solutions which connect seamlessly to
the leading global reservation systems, and smart use of data analytics
to improve customer experience and drive revenue growth for our
partners. I am confident that David’s experience be of great benefit as
we build our presence in Eurasia and Africa.”
Giles Ward, Regional President for ACE, Eurasia and Africa, said:
“This appointment underlines our commitment to the Eurasia and Africa
region, where we see significant opportunity for the travel industry to
grow its revenue and strengthen customer loyalty through high-quality
insurance partnerships.”
About ACE:
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.
Visit www.acegroup.com/eu
[1] IATA, press release 67, 10 December 2013.
Source: ACE Group