ACE Europe has announced the appointment of Gareth Tungatt to the position of Senior Underwriter, specialising in IT and Cyber Risk, with responsibility for ACE’s DataGuard product.
Tungatt previously worked within the Professional Risks Division of Willis as an Account Executive, servicing and placing the PI accounts on behalf of a broad range of ‘blue-chip’ organisations. Prior to this he worked as a PI Underwriter and New Business Team Leader at HCC Diversified Financial Products (previously Dickson Manchester), where he underwrote UK Professional Indemnity.
DataGuard is an innovative ACE policy which provides first-party coverage for losses, including business interruption, arising from computer network security breaches, viruses, or simple loss of data due to human error or telecommunications failure. It is applicable to a wide range of industries, including Financial Services, e-commerce, outsourcing, logistics, retail, and any other firm dependent upon the operation of their computer systems or IT network to operate.