ACE Names Bengtsson, Stensholt to Strengthen Nordic Operations

February 20, 2014

The ACE Group announced two management appointments as part of a program of investment to further strengthen its proposition for corporate clients across the Nordic region. Both appointments are effective immediately.

ACE promoted Per Bengtsson to the new role of Property and Technical Lines Manager, Nordic region. He will be responsible for managing financial performance as well as driving and delivering ACE’s strategy and development for the company’s property, construction, power generation and cyber risk portfolios in all four of its Nordic operations: Sweden, Norway, Denmark and Finland.

Bengtsson will “work collaboratively with ACE’s local teams and the external market to deliver a consistent proposition across the Nordic region and develop flexible solutions for ACE’s broker partners and clients across the region,” said the announcement.

He previously held responsibility for ACE’s property underwriting team in Sweden and Finland, overseeing the growth of the property portfolio since 2011. Before joining ACE as a property underwriter in 2008, he worked in underwriting roles at the insurer Trygg-Hansa.

He will continue to be based in Stockholm and will report to David Snanoudj, Regional Property Manager Continental Europe and Hervé Cosson, Regional Technical Lines Manager, Continental Europe.

ACE also announced the appointment of Morten Stensholt to the position of Property Manager, Norway. He will be responsible for managing the underwriting performance of ACE’s growing property portfolio in Norway and for driving its future profitable development.

Stensholt joins ACE with 13 of experience in the insurance industry. Most recently, he worked as a senior broker at Eneas. Previously, he held various relationship management, underwriting and sales positions at insurance companies AIG and Vesta Forsikring, with a focus on property, industrial risks and major accounts. He will be based in Oslo and will report to Bengtsson.

Bror Sandas, Country President, Nordics at ACE, commented: “We are excited about the opportunities we see for ACE across the property and technical lines market in the Nordics. These two appointments will be instrumental in ensuring that we deliver a consistent and best in class proposition for brokers and clients across the region, while strengthening our local offering in Norway, which is a core market for ACE.

Source: ACE Group

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