ACE Launches Onshore Energy Insurance Practice and Strengthens Property Capabilities in South Africa

ACE Group today announced the launch of a new energy insurance practice in South Africa and the appointment of James Ison to the newly-created role of Head of Energy and Coastal Property, South Africa, as it continues to build its underwriting proposition

James Ison has more than 25 years of underwriting experience across commercial and corporate lines of business. He joins ACE from Zurich Insurance, where he was Head of Property for South Africa and, more recently, Energy Leader – Global Corporate.

The establishment of an onshore energy practice follows ACE’s recent expansion in to other new lines of business and strengthening of its existing capabilities. Earlier this year, Quinton Kotze joined ACE from AIG to head up its financial lines insurance practice and ACE property underwriter Samantha Allen was promoted to Johannesburg Property Manager.

Gary Jack, Chief Operating Officer for ACE in South Africa, said:

“The changes that we are announcing today underscore our commitment to meeting the energy market’s needs right across the country and our property clients’ needs in Cape Town, Durban and Port Elizabeth. James, with his extensive underwriting experience and outstanding market reputation will be a great addition to our growing team.”

John Nienaber, Chief Executive Officer for ACE in South Africa, said:

“This is yet another important step as we continue executing on our strategy of leveraging and replicating ACE’s global expertise and underwriting capabilities locally for our South African clients. Key to this strategy is attracting the best talent with local market knowledge and I am confident that James’ skills and experience will enhance our energy and property underwriting offerings.”