Coverys European Holdings (CEH), a division of Coverys, has added Elisabetta Ibba as Chief Executive Officer of its Lloyd’s broker subsidiary AEC Group.

Ibba brings over two decades’ experience to the role and has been with AEC since 2004, when she was appointed to manage its Lloyd’s business.

She takes up her role with immediate effect and succeeds Doug Robare, who will continue to serve on the board of AEC Group.

Robare also holds the position of Chief Underwriting Officer of CEH.

Commenting on her appointment, Ibba said, “It is with great enthusiasm I take this opportunity given to me by Coverys European Holdings. It is a great honour to lead this talented team with whom I have worked for many years.

“I relish the prospect of directing the AEC Group in the next phase of its history and realising the tremendous opportunities available to us, in Italy and across Europe. We have a market leading team committed to this goal and with the support of CEH I am certain the business will continue accelerate its growth momentum.

“We have a clear focus on expansion in our target markets, digitization of all processes and enhancing the services to our network of collaborators.

“As we grow, we will uphold our commitment to environmental and social sustainability, as well as supporting charities that make a positive impact on the existing and new markets in which we do business.”

Robare added, “Elisabetta has proved herself an asset to AEC throughout her career. She has done a fantastic job leading the London operation, not only creating a profitable business but one that also places environmental and corporate social responsibility high on the agenda.

“I look forward to seeing AEC Group go from strength to strength under Elisabetta’s leadership.”

Source: Reinsurance News