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, ACE said, quoting a report issued by the International Air Transport Association in December 2013.
In his new role, Fedarb 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. Fedarb’s appointment is effective immediately.
Fedarb 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.
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.
Source: ACE Group
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