Coverys appoints new AEC CEO

Coverys European Holding has announced the appointment of Elisabetta Ibba as CEO of AEC Group. She takes up her role with immediate effect succeeding Doug Robare who will continue to serve on the board of AEC Group.

Ms Ibba has over two decades of insurance experience. She joined AEC in 2004 where she was entrusted with the management of its Lloyd's Market business.

She 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, digitisation 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.”

Doug Robare, chief underwriting officer of CEH, said: “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.”

    Share Story:

Recent Stories

Financial institutions were early adopters of cyber security and insurance. Are they still on top of the game?
Managing huge amounts of sensitive data online makes financial institutions a prime target for hackers. As such, the sector was an early cohort for insurers in creating cyber cover. Since then, the market has evolved almost beyond recognition. It continues to challenge itself to this day, complying with rigorous regulatory demands and implementing avant-garde enhancements to keep abreast of the ever-changing risks.

Manufacturing: An industry at risk amid great technological change
Of the many sectors of business, manufacturing companies are among the most at risk from cyber threats. How has the sector evolved to make it so vulnerable and what does the task of managing cyber exposure in a manufacturing company look like? CIR’s latest podcast with Tokio Marine HCC sought to answer all these questions and more. Published April 2021