Ace hires new managers to head its Nordic property arm

Ace has made two management appointments within its Nordic property arm in a bid to strengthen its proposition for clients.

Per Bengsston has been promoted to technical lines manager. He is responsible for managing financial performance as well as building on the insurer’s property, construction, power generation and cyber risk portfolios in Sweden, Norway, Denmark and Finland.

Bengsston will be based in Stockholm and will report to regional property manager, continental Europe, David Snanoudj, and regional technical lines manager, continental Europe, Hervé Cosson.

Morten Stensholt has been hired as property manager, Norway. He is responsible for managing the underwriting performance of Ace’s property portfolio in Norway.

Stensholt will be based in Oslo and report to Bengsston.

Ace country president, Nordics, Bror Sandas said: “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.”