The ACE European Group has opened two new offices in Budapest, Hungary and Prague, Czech Republic, as part of its expansion plan for Central and Eastern Europe.
Peter Dudas will head ACE’s Hungarian operation as General Manager for the country. He joins ACE from Genworth Financial where he was the Country Manager for Hungary.
Jiri Schneller has been appointed as General Manager to run ACE’s Czech Republic operation, and will also be responsible for the company’s activity in Slovakia. He joins ACE from Winterthur Life Insurance Company where he was Head of External Service.
Both of the new managers will report to ACE’s Regional Director for Central and Eastern Europe – Andras Koppanyi. He commented: “Our new operations in the Czech Republic and Hungary will complement our existing CEE offices in Poland and Russia, enabling ACE to capitalize on strategic opportunities as the region continues to develop.”
David Furby, ACE’s President of Continental Europe and the CEE, called the expansion “a very exciting time for ACE as we extend our operations across Europe.” ACE now operates in 19 European countries.
“Peter and Jiri will provide both operational and strategic leadership in their respective countries,” Furby continued. “They will be responsible for the launch of both property and casualty and accident and health business lines in Hungary, Czech Republic and Slovakia and will work to explore other potential opportunities.”